Highlights
- Midwest Energy Emissions' stock price recently crossed below its 200-day moving average.
- The company specializes in providing mercury capture solutions for the power industry.
- It is characterized by a market cap of $53.32 million and a beta value of 1.53.
The shares of Midwest Energy Emissions Corp. (OTC:MEEC) recently moved below their 200-day moving average, a technical indicator used by investors to analyze price trends. The 200-day moving average was noted at $0.69, whereas the stock reached a low of $0.55 during trading on Wednesday. The shares eventually stabilized at $0.57, with a trading volume of 18,411 shares.
As of the latest data, the company holds a market capitalization of $53.32 million. Its price-to-earnings ratio is listed at -28.25, indicating that the company currently operates at a net loss relative to its share price. The beta, a measure of the stock's volatility in comparison to the market, is 1.53, suggesting a higher level of volatility.
Company Profile
Midwest Energy Emissions Corp. operates within the environmental services sector, focusing on the development and deployment of mercury capture solutions pertinent to the power industry both in the United States and internationally.
The company's flagship Sorbent Enhancement Additive (SEA) technology is designed to deliver effective mercury control. It leverages a comprehensive scientific methodology to address the complex reactions associated with mercury capture in coal-fired emissions.
Additional Insights
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