Midwest Energy Emissions Corp. (OTCMKTS:MEEC – Get Free Report) fell 4.3% during mid-day trading on Friday. The company traded as low as $2.70 and last traded at $2.70. Approximately 31,634 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 141,925 shares. The stock had previously closed at $2.8213.
Midwest Energy Emissions Trading Down 4.3%
The firm’s 50-day moving average is $2.70 and its 200 day moving average is $2.76. The firm has a market capitalization of $254.80 million, a price-to-earnings ratio of -135.00 and a beta of 1.53.
About Midwest Energy Emissions
Midwest Energy Emissions Corp. develops and commercializes technologies designed to reduce mercury emissions from coal-fired power plants. Its work focuses on helping power generators meet emissions requirements while managing the cost of pollution control. The company’s proprietary, patented Sorbent Enhancement Additive (SEA) technology is used with sorbents injected into flue gas to capture mercury. The approach is intended to improve mercury removal and reduce the amount of sorbent needed compared with conventional methods.
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