Shares of Midwest Energy Emissions Corp. (OTCMKTS:MEEC – Get Free Report) fell 4.3% during mid-day trading on Friday. The stock traded as low as $2.70 and last traded at $2.70. 31,634 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 141,925 shares. The stock had previously closed at $2.8213.
Midwest Energy Emissions Stock Performance
The firm’s 50-day simple moving average is $2.70 and its 200 day simple moving average is $2.76. The stock has a market capitalization of $254.80 million, a P/E ratio of -135.00 and a beta of 1.53.
About Midwest Energy Emissions
Midwest Energy Emissions Corp. develops and commercializes technologies designed to reduce mercury emissions from coal-fired power plants. Its work focuses on helping power generators meet emissions requirements while managing the cost of pollution control. The company’s proprietary, patented Sorbent Enhancement Additive (SEA) technology is used with sorbents injected into flue gas to capture mercury. The approach is intended to improve mercury removal and reduce the amount of sorbent needed compared with conventional methods.
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