Smart Powerr (NASDAQ:CREG) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Smart Powerr Corp. (NASDAQ:CREG) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.98 and traded as low as $0.69. Smart Powerr shares last traded at $0.73, with a volume of 33,644 shares.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Smart Powerr in a report on Thursday. They set a “sell” rating on the stock.

Smart Powerr Trading Up 4.2 %

The business has a fifty day moving average of $0.84 and a 200-day moving average of $0.97. The firm has a market cap of $6.38 million, a PE ratio of -6.92 and a beta of 0.65.

Smart Powerr (NASDAQ:CREG) last announced its quarterly earnings results on Wednesday, August 14th. The business services provider reported ($0.05) earnings per share (EPS) for the quarter.

Smart Powerr Company Profile

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.