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

Midwest Energy Emissions Corp. (OTCMKTS:MEEC) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.78 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 Down 4.3%

The firm has a 50 day simple moving average of $2.70 and a two-hundred day simple moving average of $2.78. 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., 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.