Midwest Energy Emissions (OTCMKTS:MEEC) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

Shares of Midwest Energy Emissions Corp. (OTCMKTS:MEEC) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $2.93 and traded as low as $2.70. Midwest Energy Emissions shares last traded at $2.70, with a volume of 31,634 shares trading hands.

Midwest Energy Emissions Stock Performance

The firm has a fifty day moving average price of $2.70 and a 200 day moving average price of $2.92. The company has a market cap of $254.80 million, a price-to-earnings ratio of -135.00 and a beta of 1.53.

About Midwest Energy Emissions

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.