Midwest Energy Emissions (OTCMKTS:MEEC) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Shares of Midwest Energy Emissions Corp. (OTCMKTS:MEEC – Get Free Report) passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $2.70 and traded as high as $2.8282. Midwest Energy Emissions shares last traded at $2.70, with a volume of 31,634 shares trading hands.

Midwest Energy Emissions Price Performance

The firm has a 50-day moving average of $2.70 and a 200 day moving average of $2.70. The stock has a market capitalization of $254.80 million, a price-to-earnings ratio of -135.00 and a beta of 1.53.

Midwest Energy Emissions Company Profile

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Midwest Energy Emissions Corp., also known as ME2C Environmental, develops and provides technologies designed to reduce mercury and other hazardous emissions from coal-fired power plants and industrial facilities. Its solutions are intended to help plant operators meet environmental regulations while maintaining reliable operations.

The company’s offerings have included proprietary mercury-control systems, emissions-monitoring and compliance services, and sorbent-based technologies used to capture mercury from flue gas.

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