H2O Innovation (OTCMKTS:HEOFF) Shares Cross Above 50-Day Moving Average of $1.48

H2O Innovation Inc. (OTCMKTS:HEOFFGet Rating) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $1.48 and traded as high as $1.55. H2O Innovation shares last traded at $1.54, with a volume of 3,150 shares trading hands.

H2O Innovation Stock Performance

The stock has a market capitalization of $141.32 million, a PE ratio of 21.93 and a beta of 0.82. The stock has a fifty day moving average of $1.48 and a 200-day moving average of $1.70. The company has a quick ratio of 1.46, a current ratio of 1.82 and a debt-to-equity ratio of 0.35.

H2O Innovation (OTCMKTS:HEOFFGet Rating) last posted its earnings results on Thursday, May 12th. The company reported $0.03 EPS for the quarter. The business had revenue of $40.99 million for the quarter. H2O Innovation had a return on equity of 7.61% and a net margin of 1.49%.

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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