China Recycling Energy (NASDAQ:CREG) Trading Up 17.4%

China Recycling Energy Co. (NASDAQ:CREG)’s stock price was up 17.4% during mid-day trading on Thursday . The stock traded as high as $0.25 and last traded at $0.27, approximately 19,275 shares changed hands during trading. A decline of 95% from the average daily volume of 399,440 shares. The stock had previously closed at $0.23.

The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.03. The stock’s 50-day moving average price is $0.32 and its 200 day moving average price is $0.37.

China Recycling Energy Company Profile (NASDAQ:CREG)

China Recycling Energy Corporation engages in the recycling energy business in China. It designs, finances, constructs, operates, and transfers waste energy recycling projects to mid- to large-size enterprises involved in high energy-consuming businesses. The company offers waste pressure-to-energy solutions, including the blast furnace top gas recovery turbine unit, a system that utilizes high pressure gas emitted from the blast furnace top to drive turbine units and generates electricity; and waste heat-to-energy solutions, such as heat power generation projects for applications in cement, steel, coking coal, and nonferrous metal industries, which collect the residual heat from various manufacturing processes.

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