Midwest Energy Emissions (OTCMKTS:MEEC) Share Price Passes Below Two Hundred Day Moving Average of $0.83

Midwest Energy Emissions Corp. (OTCMKTS:MEEC) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.83 and traded as low as $0.82. Midwest Energy Emissions shares last traded at $0.83, with a volume of 238,209 shares changing hands.

Midwest Energy Emissions Price Performance

The firm has a market cap of $73.53 million, a price-to-earnings ratio of 16.04 and a beta of 1.37. The firm has a 50 day moving average price of $0.97 and a 200-day moving average price of $0.83.

Midwest Energy Emissions (OTCMKTS:MEEC) last issued its quarterly earnings results on Tuesday, April 16th. The industrial products company reported ($0.14) earnings per share (EPS) for the quarter. The firm had revenue of $4.07 million during the quarter. On average, sell-side analysts expect that Midwest Energy Emissions Corp. will post 0.03 EPS for the current fiscal year.

About Midwest Energy Emissions

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.