H2O Innovation (CVE:HEO) Shares Cross Above 50-Day Moving Average – Time to Sell?

H2O Innovation Inc. (CVE:HEOGet Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-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 changing hands.

H2O Innovation Trading Up 2.1%

The company has a 50 day moving average of C$2.38 and a two-hundred day moving average of C$2.38. The company has a debt-to-equity ratio of 49.03, a quick ratio of 1.51 and a current ratio of 2.11. The stock has a market capitalization of C$214.22 million and a PE 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. The company's products include the FiberFlex open-source technologies for water treatment systems; and the flexMBR for wastewater treatment systems.

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