H2O Innovation (OTCMKTS:HEOFF) posted its quarterly earnings results on Wednesday. The company reported $0.02 EPS for the quarter, Morningstar.com reports. H2O Innovation had a negative return on equity of 2.82% and a negative net margin of 2.41%. The firm had revenue of $24.31 million during the quarter.
Shares of H2O Innovation stock remained flat at $$0.70 during trading hours on Thursday. The stock had a trading volume of 6,500 shares, compared to its average volume of 95. The company has a quick ratio of 1.09, a current ratio of 1.34 and a debt-to-equity ratio of 0.13. H2O Innovation has a 52-week low of $0.54 and a 52-week high of $1.00. The company has a market capitalization of $28.10 million, a price-to-earnings ratio of 70.00 and a beta of 0.51.
About H2O Innovation
H2O Innovation Inc provides integrated water treatment solutions based on membrane filtration technology in Canada, the United States, Spain, China, the United Arab Emirates, Mexico, France, Egypt, and internationally. It designs, manufactures, and markets systems and equipment for the production of drinking water and industrial process water, reclamation and reuse of water, and desalination of seawater and treatment of wastewater.
Further Reading: Oversold
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