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

H2O Innovation Inc. (CVE:HEOGet 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

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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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