Midwest Energy Emissions Corp (OTCMKTS:MEEC) Stock In Focus After Recent Developments

In the past week, the Midwest Energy Emissions Corp (OTCMKTS:MEEC) has seen its stock make a major move and record gains of as much as 7% amidst heavy interest.

Trading Data

On Monday, MEEC stock ended flat at $0.44 with more than 62K shares, compared to its average Monday of 106K shares. The stock moved within a range of $0.4240 – 0.4449 after opening trading at $0.4374.

There has been no news about the company this week so far but back on April 1 the environmental technologies company had actually come into focus after it announced that it was going to host a conference call for investors on April 6, 2022. Considering the fact that the conference call is going to take place on Wednesday this week, it could be argued that the stock could well come into focus among investors at this point.

The conference call is going to commence at 11 in the morning Eastern Time tomorrow. In addition to that, the conference call is also going to be available on a live webcast. At the conference call, the company is going to provide an overview of its financial results. The management of the company is going to be the host for the call and after the conference call there is also going to be a question and answer sessions. It may be a good idea to keep an eye on the events from the conference call tomorrow.

Technical Data

MEEC stock is trading below 50-Day and 200-Day Moving averages of $0.47 and $0.71 respectively. However, the stock is trading above the 20-Day moving average of $0.44.