H2O INNOVATION INC COM NPV (NASDAQ:HEOFF) was downgraded by Zacks Investment Research from a “hold” rating to a “strong sell” rating in a report issued on Thursday.

According to Zacks, “H2O Innovation Inc. designs and provides integrated water treatment solutions based on membrane filtration technology to municipal, energy and natural resources end-users. It designs water treatment systems for the production of drinking water and industrial process water, the reclamation and reuse of water, and the treatment of wastewater, while providing a complete line of specialty chemicals and consumables for membrane filtration and reverse osmosis systems. The Company’s products comprise pressure filters, ultrafiltration systems, NF and RO membranes, and mobile and pilot units; and wastewater treatment solutions comprising Bio-Wheel biological treatment systems, Bio-Brane membrane bioreactors, and BiH2Omobile mobile wastewater treatment systems. It has operations primarily in Canada, the United States, Tunisia, China, Egypt, the United Arab Emirates, Oman, Switzerland, Mexico, Israel, and other countries. H2O Innovation Inc. is headquartered in Quebec City, Canada. “

Shares of H2O INNOVATION INC COM NPV (NASDAQ:HEOFF) opened at 1.35 on Thursday. The firm’s 50-day moving average price is $1.06 and its 200-day moving average price is $1.15. H2O INNOVATION INC COM NPV has a one year low of $0.72 and a one year high of $1.42. The firm has a market capitalization of $54.19 million and a P/E ratio of 168.75.

H2O INNOVATION INC COM NPV (NASDAQ:HEOFF) last released its quarterly earnings results on Tuesday, September 27th. The company reported $0.02 EPS for the quarter.

5 Day Chart for NASDAQ:HEOFF

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