H2O Innovation Inc. (OTCMKTS:HEOFF – Get Rating) was the recipient of a large decrease in short interest in November. As of November 30th, there was short interest totalling 400 shares, a decrease of 71.4% from the November 15th total of 1,400 shares. Based on an average daily trading volume, of 3,400 shares, the days-to-cover ratio is presently 0.1 days.
H2O Innovation Trading Down 4.9 %
H2O Innovation stock traded down $0.08 during midday trading on Tuesday, reaching $1.56. The stock had a trading volume of 9,610 shares, compared to its average volume of 9,233. The company has a quick ratio of 1.38, a current ratio of 1.84 and a debt-to-equity ratio of 0.48. H2O Innovation has a 52-week low of $1.23 and a 52-week high of $2.25. The firm has a market cap of $140.41 million, a price-to-earnings ratio of 39.01 and a beta of 0.77. The company has a fifty day moving average of $1.55 and a 200 day moving average of $1.53.
Get H2O Innovation alerts:H2O Innovation (OTCMKTS:HEOFF – Get Rating) last posted its quarterly earnings data on Wednesday, September 28th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $40.78 million for the quarter. H2O Innovation had a net margin of 2.26% and a return on equity of 10.32%.
Analyst Upgrades and Downgrades
HEOFF has been the topic of several recent research reports. Canaccord Genuity Group decreased their target price on shares of H2O Innovation from C$3.25 to C$2.75 in a research report on Thursday, September 29th. National Bank Financial reduced their price objective on shares of H2O Innovation from C$3.25 to C$3.00 in a research report on Thursday, November 3rd. Finally, Raymond James reduced their price objective on shares of H2O Innovation from C$3.75 to C$3.50 in a research report on Monday, November 14th.H2O Innovation Company Profile
(Get Rating)
H2O Innovation Inc designs and provides integrated water treatment solutions based on membrane filtration technology. It operates through three segments: Water Technologies and Services, Specialty Products, and Operation and Maintenance Services. The company 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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- Get a free copy of the StockNews.com research report on H2O Innovation (HEOFF)
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