Methes Energies International (OTCMKTS:MEIL) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

Shares of Methes Energies International Ltd. (OTCMKTS:MEILGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.03 and traded as low as $0.02. Methes Energies International shares last traded at $0.02, with a volume of 121 shares.

Methes Energies International Stock Performance

The firm’s fifty day simple moving average is $0.02 and its 200 day simple moving average is $0.03.

Methes Energies International Company Profile

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Methes Energies International Ltd., a renewable energy company, produces and sells biodiesel fuel and biodiesel processing equipment in the United States and Canada. It offers Denami biodiesel processors. The company also produces glycerin and offer services related to the production of biodiesel, as well as purchases and sells feedstock.

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