China Recycling Energy (CREG) Shares Down 1.2%


China Recycling Energy Co. (NASDAQ:CREG)’s share price was down 1.2% on Thursday . The stock traded as low as $0.84 and last traded at $0.85. Approximately 1,560 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 434,081 shares. The stock had previously closed at $0.86.

The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.01.

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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.

See Also: What is the Current Ratio?

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