Midwest Energy Emissions (OTCMKTS:MEEC) Shares Cross Below 200-Day Moving Average – Time to Sell?

Midwest Energy Emissions Corp. (OTCMKTS:MEEC – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.57 and traded as low as $0.47. Midwest Energy Emissions shares last traded at $0.49, with a volume of 102,552 shares changing hands.

Midwest Energy Emissions Price Performance

The stock has a market cap of $46.20 million, a price-to-earnings ratio of -24.48 and a beta of 1.53. The firm’s 50-day moving average is $0.48 and its 200 day moving average is $0.57.

Midwest Energy Emissions Company Profile

(Get Free Report)

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.

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