H2O Innovation (CVE:HEO) Stock Jumps 2.1% – Should You Buy?

H2O Innovation Inc. (CVE:HEO – Get Free Report) shot up 2.1% during trading on Tuesday. The stock traded as high as C$2.38 and last traded at C$2.38. Approximately 23,314 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 115,576 shares. The stock had previously closed at C$2.33.

H2O Innovation Trading Up 2.1%

The company’s 50 day moving average is C$2.38 and its two-hundred day moving average is C$2.38. The company has a debt-to-equity ratio of 49.02, a current ratio of 2.11 and a quick ratio of 1.51. The firm has a market cap of C$214.22 million and a P/E ratio of 68.00.

About H2O Innovation

(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.

Further Reading

Receive News & Ratings for H2O Innovation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H2O Innovation and related companies with MarketBeat.com's FREE daily email newsletter.