Shares of H2O Innovation Inc (CVE:HEO) traded down 15.3% on Wednesday . The company traded as low as C$0.70 and last traded at C$0.72. 121,800 shares were traded during trading, an increase of 477% from the average session volume of 21,110 shares. The stock had previously closed at C$0.85.
The company has a debt-to-equity ratio of 49.18, a quick ratio of 0.74 and a current ratio of 1.23. The firm has a market capitalization of $48.07 million and a price-to-earnings ratio of -11.04.
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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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