Media coverage about China Recycling Energy Corp. (NASDAQ:CREG) has been trending positive on Friday, Alpha One Sentiment reports. Alpha One, a division of Accern, rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. China Recycling Energy Corp. earned a news impact score of 0.42 on Alpha One’s scale. Alpha One also assigned news stories about the business services provider an impact score of 84 out of 100, indicating that recent press coverage is very likely to have an impact on the company’s share price in the next few days.
China Recycling Energy Corp. (NASDAQ:CREG) remained flat at $1.54 during midday trading on Friday. The company had a trading volume of 69,056 shares. China Recycling Energy Corp. has a one year low of $1.41 and a one year high of $3.20. The firm’s 50 day moving average price is $1.57 and its 200 day moving average price is $1.64. The company has a market capitalization of $12.80 million, a price-to-earnings ratio of 7.00 and a beta of 3.22.
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About China Recycling Energy Corp.
China Recycling Energy Corporation is engaged in the recycling energy business, providing energy savings and recycling products and services. The Company develops waste energy recycling projects for industrial applications in China. It offers waste energy recycling systems to companies for use in iron and steel, nonferrous metal, cement, coal and petrochemical plants.
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