H2O Innovation (CVE:HEO) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

by · The Cerbat Gem

H2O Innovation Inc. (CVE:HEO – Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$2.38 and traded as high as C$2.38. H2O Innovation shares last traded at C$2.38, with a volume of 23,314 shares trading hands.

H2O Innovation Price Performance

The stock has a market cap of C$214.22 million and a price-to-earnings ratio of 68.00. The company’s 50 day moving average is C$2.38 and its 200 day moving average is C$2.38. The company has a debt-to-equity ratio of 49.03, a current ratio of 2.11 and a quick ratio of 1.51.

About H2O Innovation

(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.

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