Smart Powerr (NASDAQ:CREG) Releases Quarterly Earnings Results

Smart Powerr (NASDAQ:CREG) issued its earnings results on Thursday. The business services provider reported ($0.08) EPS for the quarter, Zacks reports.

Smart Powerr Trading Up 2.3%

Smart Powerr stock traded up $0.03 during midday trading on Friday, hitting $1.36. 157,847 shares of the stock were exchanged, compared to its average volume of 98,612. The stock has a market capitalization of $3.97 million, a price-to-earnings ratio of -0.79 and a beta of 0.88. The stock’s 50-day simple moving average is $1.45 and its 200 day simple moving average is $2.83. Smart Powerr has a fifty-two week low of $1.02 and a fifty-two week high of $14.70.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CREG. Weiss Ratings reiterated a “sell (e+)” rating on shares of Smart Powerr in a research report on Wednesday, October 8th. Wall Street Zen raised shares of Smart Powerr to a “sell” rating in a report on Friday, September 26th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Smart Powerr currently has an average rating of “Sell”.

About Smart Powerr

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.