H2O Innovation (OTCMKTS:HEOFF) Price Target Cut to C$3.50

H2O Innovation (OTCMKTS:HEOFFGet Rating) had its price objective dropped by stock analysts at Raymond James from C$3.75 to C$3.50 in a report issued on Monday, The Fly reports.

Other research analysts have also recently issued reports about the company. National Bank Financial decreased their price target on H2O Innovation from C$3.25 to C$3.00 in a research note on Thursday, November 3rd. Canaccord Genuity Group decreased their target price on shares of H2O Innovation from C$3.25 to C$2.75 in a research note on Thursday, September 29th.

H2O Innovation Trading Down 2.4 %

Shares of OTCMKTS:HEOFF opened at $1.61 on Monday. H2O Innovation has a 12-month low of $1.23 and a 12-month high of $2.25. The business’s fifty day simple moving average is $1.53 and its 200-day simple moving average is $1.55. The company has a current ratio of 1.84, a quick ratio of 1.38 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $144.92 million, a PE ratio of 40.26 and a beta of 0.77.

H2O Innovation (OTCMKTS:HEOFFGet Rating) last announced its quarterly earnings results on Wednesday, September 28th. The company reported $0.01 earnings per share for the quarter. H2O Innovation had a return on equity of 10.32% and a net margin of 2.26%. The firm had revenue of $40.78 million during the quarter.

H2O Innovation Company Profile

(Get Rating)

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.

See Also

The Fly logo

Receive News & Ratings for H2O Innovation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H2O Innovation and related companies with MarketBeat.com's FREE daily email newsletter.