China Recycling Energy (CREG) Shares Gap Down to $0.94
China Recycling Energy Co. (NASDAQ:CREG) gapped down before the market opened on Monday . The stock had previously closed at $1.09, but opened at $0.94. China Recycling Energy shares last traded at $0.70, with a volume of 2834436 shares changing hands.
The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.25 and a current ratio of 1.25.
An institutional investor recently bought a new position in China Recycling Energy stock. CVI Holdings LLC bought a new stake in shares of China Recycling Energy Co. (NASDAQ:CREG) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 232,360 shares of the business services provider’s stock, valued at approximately $172,000. China Recycling Energy accounts for 0.4% of CVI Holdings LLC’s portfolio, making the stock its 17th biggest holding. CVI Holdings LLC owned 2.26% of China Recycling Energy as of its most recent filing with the Securities and Exchange Commission. 2.96% of the stock is currently owned by institutional investors.
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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