H2O Innovation (CVE:HEO) Share Price Crosses Below Fifty Day Moving Average of $1.20

H2O Innovation Inc (CVE:HEO) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $1.20 and traded as low as $1.15. H2O Innovation shares last traded at $1.15, with a volume of 14,900 shares traded.

Separately, Beacon Securities reissued a “buy” rating on shares of H2O Innovation in a research report on Thursday, September 26th.

The company has a current ratio of 1.49, a quick ratio of 1.20 and a debt-to-equity ratio of 31.43. The business has a 50-day moving average price of C$1.20 and a 200-day moving average price of C$1.11. The firm has a market cap of $68.75 million and a P/E ratio of -26.59.

H2O Innovation Company Profile (CVE:HEO)

H2O Innovation Inc provides integrated water treatment solutions based on membrane filtration technology in Canada, the United States, Spain, China, the United Arab Emirates, Mexico, France, Egypt, and internationally. It designs, manufactures, and markets systems and equipment for the production of drinking water and industrial process water, reclamation and reuse of water, and desalination of seawater and treatment of wastewater.

Further Reading: Commodities

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