H2O Innovation (CVE:HEO) Shares Cross Below 200-Day Moving Average – What’s Next?

Shares of H2O Innovation Inc. (CVE:HEOGet Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$2.38 and traded as low as C$2.33. H2O Innovation shares last traded at C$2.38, with a volume of 23,314 shares.

H2O Innovation Trading Up 2.1%

The company’s 50 day moving average price is C$2.38 and its 200 day moving average price is C$2.38. The company has a market cap of C$214.22 million and a price-to-earnings ratio of 68.00. The company has a debt-to-equity ratio of 49.02, a quick ratio of 1.51 and a current ratio of 2.11.

H2O Innovation Company Profile

(Get Free Report)

H2O Innovation Inc designs and provides integrated water treatment solutions based on membrane filtration technology. The company operates through three segments: Water Technologies and Services, Specialty Products, and Operation and Maintenance Services. It 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. The company's products include the FiberFlex open-source technologies for water treatment systems; and the flexMBR for wastewater treatment systems.

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