Midwest Energy Emissions (OTCMKTS:MEEC) released its earnings results on Wednesday. The industrial products company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01, Morningstar.com reports. The company had revenue of $2.79 million during the quarter.
Shares of MEEC stock opened at $0.28 on Friday. The company has a market cap of $21.35 million, a price-to-earnings ratio of -4.58 and a beta of 1.72. Midwest Energy Emissions has a fifty-two week low of $0.12 and a fifty-two week high of $0.40.
Separately, ValuEngine cut shares of Midwest Energy Emissions from a “buy” rating to a “hold” rating in a research report on Friday, March 1st.
Midwest Energy Emissions Corp. operates as an environmental services and technology company. It focuses on the delivery of mercury capture technologies to coal-fired power plants in the United States, Canada, Europe, and Asia. The company is headquartered in Lewis Center, Ohio.
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