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

Shares of H2O Innovation Inc. (CVE:HEO) 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 trading hands.

H2O Innovation Stock Up 2.1 %

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

About H2O Innovation

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.