Midwest Energy Emissions Corp. (OTCMKTS:MEEC – Get Free Report) shares crossed below its 200-day moving average during trading on Thursday. 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 trading hands.
Midwest Energy Emissions Price Performance
The stock has a market cap of $254.80 million, a price-to-earnings ratio of -135.00 and a beta of 1.53. The stock has a fifty day moving average of $2.70 and a two-hundred day moving average of $2.70.
About Midwest Energy Emissions
Midwest Energy Emissions Corp., operating as ME2C Environmental, provides emissions-control technologies and services for coal-fired power plants. The company focuses primarily on reducing mercury emissions generated during the combustion of coal.
Its offerings include proprietary mercury-control technologies, activated-carbon and other sorbent products, sorbent-injection systems, emissions monitoring, and related technical services. These solutions are designed to help electric utilities comply with environmental regulations while managing operational requirements and emissions-control costs.
The company has historically served utility customers in North America, particularly operators of coal-fired generating facilities in the United States.
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