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

H2O Innovation Inc. (CVE:HEO)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-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.

H2O Innovation Trading Up 2.1%

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

H2O Innovation Company Profile

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.