Midwest Energy Emissions (OTCMKTS:MEEC) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Midwest Energy Emissions Corp. (OTCMKTS:MEECGet Free Report)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.61 and traded as low as $0.52. Midwest Energy Emissions shares last traded at $0.53, with a volume of 46,274 shares.

Midwest Energy Emissions Stock Performance

The firm has a market cap of $47.32 million, a P/E ratio of -25.07 and a beta of 1.53. The firm has a fifty day moving average of $0.52 and a 200-day moving average of $0.61.

About Midwest Energy Emissions

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Midwest Energy Emissions Corp., an environmental services and technology company, engages in developing and delivering solutions to the power industry in the United States and internationally. It provides mercury capture solutions. Its Sorbent Enhancement Additive (SEA) technology provides total mercury control with solutions that are based on a thorough scientific understanding of actual and probable interactions involved in mercury capture in coal-fired flue gas.

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