Midwest Energy Emissions (OTCMKTS:MEEC) Shares Cross Above 50-Day Moving Average – Here’s What Happened

Shares of Midwest Energy Emissions Corp. (OTCMKTS:MEEC) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $1.48 and traded as high as $4.29. Midwest Energy Emissions shares last traded at $4.15, with a volume of 34,653 shares trading hands.

Midwest Energy Emissions Stock Down 0.5%

The stock has a market capitalization of $391.63 million, a P/E ratio of -207.50 and a beta of 1.53. The firm’s 50-day simple moving average is $1.48 and its 200 day simple moving average is $0.95.

Midwest Energy Emissions Company Profile

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. The company also involved in the extracting and processing of rare earth elements.