Midwest Energy Emissions (OTCMKTS:MEEC) Stock Crosses Above 50 Day Moving Average – Here’s Why

Midwest Energy Emissions Corp. (OTCMKTS:MEECGet Free Report)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $2.70 and traded as high as $2.8282. Midwest Energy Emissions shares last traded at $2.70, with a volume of 31,634 shares trading hands.

Midwest Energy Emissions Trading Down 4.3%

The firm has a market cap of $254.80 million, a price-to-earnings ratio of -135.00 and a beta of 1.53. The firm has a 50-day moving average of $2.70 and a two-hundred day moving average of $2.85.

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

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