H2O Innovation (OTCMKTS:HEOFF) Shares Pass Above Fifty Day Moving Average – Here’s Why

H2O Innovation Inc. (OTCMKTS:HEOFFGet Free Report) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $3.12 and traded as high as $3.13. H2O Innovation shares last traded at $3.12, with a volume of 900 shares traded.

H2O Innovation Stock Performance

The firm has a fifty day simple moving average of $3.12 and a 200 day simple moving average of $3.12. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.10 and a quick ratio of 1.50. The company has a market cap of $280.83 million, a price-to-earnings ratio of -312.01 and a beta of 0.47.

About H2O Innovation

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H2O Innovation Inc designs and provides integrated water treatment solutions based on membrane filtration technology. It operates through three segments: Water Technologies and Services, Specialty Products, and Operation and Maintenance Services. The company offers membrane filtration technology for municipal, industrial, energy, and natural resources end-users; and aftersales services, as well as digital solutions to monitor and optimize water treatment plants.

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