H2O Innovation (CVE:HEO) Stock Passes Below 200-Day Moving Average – Time to Sell?

Shares of H2O Innovation Inc. (CVE:HEOGet Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 changing hands.

H2O Innovation Trading Up 2.1 %

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

H2O Innovation Company Profile

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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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