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China Recycling Energy Corporation (CREG)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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6.54-0.17 (-2.53%)
At close: 4:00PM EDT
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Previous Close6.71
Open6.82
Bid6.27 x 800
Ask6.92 x 800
Day's Range6.50 - 6.94
52 Week Range2.88 - 14.39
Volume44,506
Avg. Volume82,575
Market Cap43.055M
Beta (5Y Monthly)1.82
PE Ratio (TTM)4.29
EPS (TTM)1.52
Earnings DateApr 15, 2021
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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-19% Est. Return

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    Overview Of Value Stocks In The Utilities Sector

    The Meaning Behind Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Below is a list of notable value stocks in the utilities sector: China Recycling Energy (NASDAQ:CREG) - P/E: 4.21 Central Puerto (NYSE:CEPU) - P/E: 6.02 Cia Paranaense De Energia (NYSE:ELP) - P/E: 5.16 Kenon Hldgs (NYSE:KEN) - P/E: 4.72 Pampa Energia (NYSE:PAM) - P/E: 0.06 China Recycling Energy has reported Q3 earnings per share at -0.25, which has decreased by 158.14% compared to Q2, which was 0.43. China Recycling Energy does not have a dividend yield, which investors should be aware of when considering holding onto such a stock. Central Puerto has been featured as a value stock. Central Puerto's Q3 EPS sits at 0.02, which has not changed since last quarter (Q2). Central Puerto does not have a dividend yield, which investors should be aware of when considering holding onto such a stock. Cia Paranaense De Energia has reported Q3 earnings per share at 0.46, which has decreased by 57.8% compared to Q2, which was 1.09. Most recently, the company reported a dividend yield of 8.62%, which has increased by 2.36% from last quarter's yield of 6.26%. Most recently, Kenon Hldgs reported earnings per share at 1.09, whereas in Q2 earnings per share sat at 0.02. Kenon Hldgs does not have a dividend yield, which investors should be aware of when considering holding onto such a stock. Most recently, Pampa Energia reported earnings per share at 0.05, whereas in Q2 earnings per share sat at 0.06. Pampa Energia does not have a dividend yield, which investors should be aware of when considering holding onto such a stock. The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize. See more from BenzingaClick here for options trades from BenzingaMichaels Companies's Earnings: A PreviewEarnings Outlook for Circor International© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • GlobeNewswire

    China Recycling Energy Corporation Enters a Securities Purchase Agreement of An Approximately $38 million Private Placement Offering

    XI'AN, China, Feb. 25, 2021 (GLOBE NEWSWIRE) -- China Recycling Energy Corporation (NASDAQ: CREG) ("CREG" or the “Company"), an industrial waste-to-energy solution provider in China, announced today that it entered into certain securities purchase agreements with several non-U.S. investors on February 23, 2021, to purchase approximately $38.3 million worth of its common stock priced at $11.522 per share (the “Purchase Price”) in a private placement offering (the “Offering”) pursuant to Section 4(a)(2) and/or Regulation S of the Securities Act of 1933, as amended. Under the terms of the securities purchase agreements, the Company has agreed to sell approximately 3,220,000 shares of the Company’s common stock (the “Shares”). Mr. Guohua Ku, the Company’s Chairman and Chief Executive Officer agreed to participate in the Offering and to purchase 1,000,000 shares of the total 3,220,000 Shares. The Purchase Price represents approximately an 8.6% premium of the closing price of the Company’s stock on February 22, 2021. The Shares have not been registered under the Securities Act or applicable securities laws of any state or country and therefore the Shares cannot be sold, pledged, assigned or otherwise disposed of unless they are subsequently registered under the Securities Act and applicable state securities laws or exemptions from such registration requirements are available. Within 180 days from the effective date of this Agreement, the Company agreed to use its best efforts to file a registration statement on Form S-1 or Form S-3 or on such other form promulgated by the SEC for which the Company then qualifies for the registration of the Shares for their resale by the investors. “I am pleased to participate in this Offering, providing a strong indication of my belief in the long-term potential of the Company,” commented Mr. Guohua Ku, Chairman and CEO of CREG. “My personal investment demonstrates that I am in this for the long haul and further aligns my interests with those of our shareholders.” This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction. About China Recycling Energy Corp. China Recycling Energy Corporation (Nasdaq: CREG) ("CREG" or "the Company") is based in Xi'an, China and provides environmentally friendly waste-to-energy technologies to recycle industrial byproducts for steel mills, cement factories and coke plants in China. The byproducts include heat, steam, pressure, and exhaust, which we use to generate large amounts of lower-cost electricity and reduce the need for outside electrical sources. The Chinese government has adopted policies to encourage the use of recycling technologies to optimize resource allocation and reduce pollution. Currently, recycled energy represents only an estimated 1% of total energy consumption. The recycled energy resource market is viewed as a fast-growing market due to intensified environmental concerns and rising energy costs as Chinese economy continues to expand. The Company’s management and engineering teams have over 20 years of experience in industrial energy recovery in China. For more information about CREG, please visit http://creg-cn.investorroom.com. Safe Harbor Statement This press release may contain certain "forward-looking statements" relating to the business of CREG and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including, but not limited to, the risks and uncertainties associated with market conditions and the satisfaction of customary closing conditions relating to the registered direct offering and those discussed in the Company's annual and periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements. Investor Relations Inquiries:Vivian Chenvivianchen@irimpact.com

  • Benzinga

    A Look Into Utilities Sector Value Stocks

    What is a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. The following stocks are considered to be notable value stocks in the utilities sector: China Recycling Energy (NASDAQ:CREG) - P/E: 6.52 Cia Paranaense De Energia (NYSE:ELP) - P/E: 5.61 Pampa Energia (NYSE:PAM) - P/E: 0.06 Kenon Hldgs (NYSE:KEN) - P/E: 5.07 Spark Energy (NASDAQ:SPKE) - P/E: 9.7 China Recycling Energy's earnings per share for Q3 sits at -0.25, whereas in Q2, they were at 0.43. China Recycling Energy does not have a dividend yield, which investors should be aware of when considering holding onto such a stock. This quarter, Cia Paranaense De Energia experienced a decrease in earnings per share, which was 1.09 in Q2 and is now 0.46. The company's most recent dividend yield sits at 8.62%, which has increased by 2.36% from 6.26% last quarter. Most recently, Pampa Energia reported earnings per share at 0.05, whereas in Q2 earnings per share sat at 0.06. Pampa Energia does not have a dividend yield, which investors should be aware of when considering holding onto such a stock. Most recently, Kenon Hldgs reported earnings per share at 1.09, whereas in Q2 earnings per share sat at 0.02. Kenon Hldgs does not have a dividend yield, which investors should be aware of when considering holding onto such a stock. Spark Energy saw a decrease in earnings per share from 0.62 in Q2 to 0.52 now. The company's most recent dividend yield sits at 6.57%, which has decreased by 1.89% from 8.46% last quarter. The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize. See more from BenzingaClick here for options trades from BenzingaUnderstanding Walt Disney's Unusual Options ActivityAnalyzing Blink Charging's Unusual Options Activity© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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