|Bid||1.0000 x 2900|
|Ask||1.0200 x 1300|
|Day's Range||1.0000 - 1.0400|
|52 Week Range||1.0000 - 4.0500|
|Beta (3Y Monthly)||2.03|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 12, 2016 - Aug 16, 2016|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Keith Bliss of Cuttone and Company joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market action.
XI'AN, China, Oct. 31, 2018 (GLOBE NEWSWIRE) -- China Recycling Energy Corporation (CREG) (“CREG” or “the Company”), a leading industrial waste-to-energy solution provider in China, today announced the closing of its previously announced registered direct offering of 1,985,082 shares of its common stock for a purchase price of $1.375 per share, for gross proceeds of approximately $2.75 million. Additionally, in a concurrent private placement, the Company sold to such investors unregistered warrants to purchase up to 1,985,082 shares of common stock, at a purchase price per warrant of $0.125, for gross proceeds of approximately $0.25 million.
Additionally, CREG has also agreed to issue to the investors unregistered warrants to purchase up to 1,985,082 shares of common stock, at a purchase price per warrant of $0.125, for gross proceeds of approximately $0.25 million. The offering is expected to close on or about October 31, 2018, subject to the satisfaction of customary closing conditions.
"CREG" or "the Company"), a leading industrial waste-to-energy solution provider in China, today announced that, Xi’an Zhonghong New Energy Technology Co., Ltd. (“Zhonghong”), a wholly-owned subsidiary of the Company, has formally passed final completion acceptance of construction of Shandong Boxing CDQ (Coke Dry Quenching) Waste Heat Power Generation Project (the “Boxing CDQ Project”) in Shandong Boxing Victory Technology Co., Ltd. The Boxing CDQ Project has met conditions for production now. The total investment of this project is RMB 200 million, including a set of 150-ton/hour CDQ system and one 25-megawatt waste heat power station, with annual generation capacity of 186m KWH, energy saving of 57,000 tons of standard coal, recovery of 35,000 tons of coke powder, emission reduction of 170,000 tons of carbon dioxide, 1 thousand tons of sulfur dioxide and 6 thousand tons of dust.
Investors are always looking for growth in small-cap stocks like China Recycling Energy Corporation (NASDAQ:CREG), with a market cap of US$10m. However, an important fact which most ignore is: how Read More...