Smart Powerr (NASDAQ:CREG) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Posted by Caroline Horne on Feb 6th, 2025

Shares of Smart Powerr Corp. (NASDAQ:CREG – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.77 and traded as low as $0.63. Smart Powerr shares last traded at $0.63, with a volume of 9,557 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Smart Powerr in a report on Thursday. They issued a “sell” rating for the company.

View Our Latest Stock Analysis on CREG

Smart Powerr Price Performance

The firm has a market cap of $5.56 million, a P/E ratio of -4.53 and a beta of 0.66. The company’s 50 day moving average is $0.68 and its two-hundred day moving average is $0.77.

Smart Powerr (NASDAQ:CREG – Get Free Report) last announced its quarterly earnings data on Friday, November 8th. The business services provider reported ($0.03) earnings per share for the quarter.

About Smart Powerr

(Get Free Report)

Smart Powerr Corp. engages in the waste energy recycling business in China. The company provides energy saving and recovery facilities for various energy intensive industries; waste energy recycling systems for use in nonferrous metal plants; and clean-technology and energy-efficient solutions to reduce air pollution and energy shortage problems.