Insider Selling: Ltd. Cagp Unloads 781,410 Shares of China Recycling Energy Corp. Stock (CREG)
China Recycling Energy Corp. (NASDAQ:CREG) major shareholder Ltd. Cagp unloaded 781,410 shares of the stock on the open market in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $1.54, for a total transaction of $1,203,371.40. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of China Recycling Energy Corp. (NASDAQ:CREG) traded down 0.34% during mid-day trading on Tuesday, hitting $1.445. 212,026 shares of the company’s stock traded hands. China Recycling Energy Corp. has a 52 week low of $0.78 and a 52 week high of $1.95. The stock’s 50-day moving average is $1.09 and its 200-day moving average is $1.06. The company has a market cap of $88.1 million and a price-to-earnings ratio of 4.69.
China Recycling Energy Corp. (NASDAQ:CREG) last released its earnings data on Thursday, August 14th. The company reported $0.11 earnings per share for the quarter. The company had revenue of $19.16 million for the quarter, compared to the consensus estimate of $13.91 million.
China Recycling Energy Corporation is engaged in the recycling energy business, providing energy savings and recycling products and services.
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