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

Shares of Midwest Energy Emissions Corp. (OTCMKTS:MEEC) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $1.06 and traded as high as $4.19. Midwest Energy Emissions shares last traded at $4.13, with a volume of 87,697 shares trading hands.

Midwest Energy Emissions Price Performance

The business has a 50 day moving average of $1.06 and a 200 day moving average of $0.80. The firm has a market capitalization of $389.74 million, a price-to-earnings ratio of -206.50 and a beta of 1.53.

Midwest Energy Emissions Company Profile

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.