Midwest Energy Emissions (OTCMKTS:MEEC) Share Price Passes Below 200 Day Moving Average – What’s Next?

Midwest Energy Emissions Corp. (OTCMKTS:MEECGet Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.76 and traded as low as $0.70. Midwest Energy Emissions shares last traded at $0.70, with a volume of 33,227 shares trading hands.

Midwest Energy Emissions Stock Performance

The stock has a market capitalization of $66.27 million, a P/E ratio of 17.56 and a beta of 1.53. The stock’s 50 day simple moving average is $0.76 and its 200 day simple moving average is $0.76.

Midwest Energy Emissions (OTCMKTS:MEECGet Free Report) last posted its quarterly earnings data on Monday, August 12th. The industrial products company reported ($0.07) EPS for the quarter. The business had revenue of $3.36 million for the quarter.

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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