Initiates Coverage on Smart Powerr (NASDAQ:CREG) assumed coverage on shares of Smart Powerr (NASDAQ:CREGGet Rating) in a research report released on Monday morning. The firm issued a sell rating on the business services provider’s stock.

Smart Powerr Trading Up 1.8 %

Shares of CREG opened at $2.88 on Monday. The stock has a fifty day moving average price of $3.01 and a two-hundred day moving average price of $3.23. Smart Powerr has a 52-week low of $2.62 and a 52-week high of $7.90.

About Smart Powerr

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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.

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