Midwest Energy Emissions (OTCMKTS:MEEC) posted its quarterly earnings data on Wednesday. The industrial products company reported ($0.01) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.02) by $0.01, Morningstar.com reports. The firm had revenue of $2.79 million for the quarter.
MEEC stock traded up $0.01 during mid-day trading on Thursday, reaching $0.28. The company had a trading volume of 1,300 shares, compared to its average volume of 45,262. The company has a market cap of $21.35 million, a price-to-earnings ratio of -4.58 and a beta of 1.72. Midwest Energy Emissions has a 52 week low of $0.12 and a 52 week high of $0.40.
Separately, ValuEngine upgraded Midwest Energy Emissions from a “hold” rating to a “buy” rating in a report on Monday, February 4th.
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About Midwest Energy Emissions
Midwest Energy Emissions Corp. operates as an environmental services and technology company. It focuses on the delivery of mercury capture technologies to coal-fired power plants in the United States, Canada, Europe, and Asia. The company is headquartered in Lewis Center, Ohio.
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