Midwest Energy Emissions Corp. (OTCMKTS:MEEC – Get Rating) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 21,100 shares, a growth of 22.0% from the March 15th total of 17,300 shares. Based on an average daily volume of 235,400 shares, the short-interest ratio is currently 0.1 days.
OTCMKTS MEEC traded down $0.05 on Tuesday, hitting $0.35. 288,295 shares of the company’s stock were exchanged, compared to its average volume of 106,694. The stock has a 50-day moving average of $0.45 and a 200-day moving average of $0.61. Midwest Energy Emissions has a 52 week low of $0.25 and a 52 week high of $1.39. The stock has a market cap of $30.75 million, a price-to-earnings ratio of -8.63 and a beta of 1.06.
Midwest Energy Emissions (OTCMKTS:MEEC – Get Rating) last released its earnings results on Tuesday, April 5th. The industrial products company reported ($0.01) earnings per share for the quarter. The business had revenue of $2.70 million during the quarter. On average, equities research analysts anticipate that Midwest Energy Emissions will post 0.04 EPS for the current year.
Midwest Energy Emissions Corp., an environmental services and technology company, engages in developing and delivering solutions to the power industry worldwide. It provides mercury capture solutions. Its Sorbent Enhancement Additive (SEA) technology provides total mercury control, providing 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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