Midwest Energy Emissions (OTCMKTS:MEEC) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

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 $0.72 and traded as low as $0.53. Midwest Energy Emissions shares last traded at $0.54, with a volume of 174,491 shares changing hands.

Midwest Energy Emissions Stock Performance

The stock has a market capitalization of $50.96 million, a price-to-earnings ratio of -27.00 and a beta of 1.53. The business has a fifty day simple moving average of $0.68 and a 200 day simple moving average of $0.72.

Midwest Energy Emissions Company Profile

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.