H2O Innovation (OTCMKTS:HEOFF) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, ValuEngine reports.

OTCMKTS:HEOFF opened at $0.75 on Tuesday. The company has a quick ratio of 1.16, a current ratio of 1.39 and a debt-to-equity ratio of 0.26. The business’s 50 day moving average is $0.81 and its two-hundred day moving average is $0.87. H2O Innovation has a 52 week low of $0.54 and a 52 week high of $0.98. The company has a market cap of $41.45 million, a PE ratio of 37.64 and a beta of 0.22.

H2O Innovation Company Profile

H2O Innovation Inc provides integrated water treatment solutions based on membrane filtration technology in Canada, the United States, Spain, China, the United Arab Emirates, Mexico, France, Egypt, and internationally. It designs, manufactures, and markets systems and equipment for the production of drinking water and industrial process water, reclamation and reuse of water, and desalination of seawater and treatment of wastewater.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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