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

Shares of Midwest Energy Emissions Corp. (OTCMKTS:MEECGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.70 and traded as low as $2.70. Midwest Energy Emissions shares last traded at $2.70, with a volume of 31,634 shares traded.

Midwest Energy Emissions Price Performance

The firm has a market cap of $254.80 million, a price-to-earnings ratio of -135.00 and a beta of 1.53. The stock’s 50 day moving average is $2.70 and its 200 day moving average is $2.70.

Midwest Energy Emissions Company Profile

(Get Free Report)

Midwest Energy Emissions Corp., also known as ME2C Environmental, develops and provides technologies designed to reduce mercury and other hazardous emissions from coal-fired power plants and industrial facilities. Its solutions are intended to help plant operators meet environmental regulations while maintaining reliable operations.

The company’s offerings have included proprietary mercury-control systems, emissions-monitoring and compliance services, and sorbent-based technologies used to capture mercury from flue gas.

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