H2O Innovation (CVE:HEO) Stock Crosses Below 200-Day Moving Average of $2.37

H2O Innovation Inc. (CVE:HEOGet Rating)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$2.37 and traded as low as C$2.33. H2O Innovation shares last traded at C$2.38, with a volume of 23,314 shares changing hands.

H2O Innovation Stock Performance

The stock has a market capitalization of C$214.22 million and a P/E ratio of 68.00. The business has a 50-day moving average price of C$2.38 and a 200 day moving average price of C$2.37. The company has a debt-to-equity ratio of 49.03, a quick ratio of 1.51 and a current ratio of 2.11.

About H2O Innovation

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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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