Midwest Energy Emissions Corp (MEEC) Posts Quarterly Earnings Results, Misses Expectations By $0.03 EPS
Midwest Energy Emissions Corp (NASDAQ:MEEC) announced its quarterly earnings data on Tuesday, May 16th. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by $0.03, Morningstar.com reports. The business had revenue of $5.43 million during the quarter, compared to the consensus estimate of $5.39 million.
Shares of Midwest Energy Emissions Corp (NASDAQ MEEC) traded up 3.80% on Friday, reaching $0.41. The company’s stock had a trading volume of 2,400 shares. Midwest Energy Emissions Corp has a 1-year low of $0.35 and a 1-year high of $1.93. The company has a 50 day moving average of $0.57 and a 200 day moving average of $1.04. The stock’s market capitalization is $30.42 million.
About Midwest Energy Emissions Corp
Midwest Energy Emissions Corp. is an environmental services company. The Company is focused on mercury emission control technologies, primarily to utility and industrial coal-fired units. The Company’s business is focused on the delivery of mercury capture technologies to power plants in North America, Europe and Asia.
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