Midwest Energy Emissions (OTCMKTS:MEEC) Stock Crosses Below 200-Day Moving Average – Time to Sell?

Midwest Energy Emissions Corp. (OTCMKTS:MEEC)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.75 and traded as low as $0.62. Midwest Energy Emissions shares last traded at $0.69, with a volume of 223,711 shares traded.

Midwest Energy Emissions Stock Performance

The business’s 50-day moving average price is $0.75 and its 200-day moving average price is $0.75. The stock has a market cap of $65.35 million, a P/E ratio of 17.31 and a beta of 1.53.

Midwest Energy Emissions (OTCMKTS:MEEC) last released its quarterly earnings results on Monday, August 12th. The industrial products company reported ($0.07) earnings per share (EPS) for the quarter. The business had revenue of $3.36 million during the quarter.

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.