H2O Innovation (CVE:HEO) Stock Crosses Below 200-Day Moving Average – Here’s Why

H2O Innovation Inc. (CVE:HEOGet Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-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 traded.

H2O Innovation Stock 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 business has a 50-day simple moving average of C$2.38 and a 200-day simple moving average of C$2.38. The stock has a market cap of C$214.22 million and a P/E ratio of 68.00.

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.

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