H2O INNOVATION (HEOFF) Announces Earnings Results

H2O INNOVATION (OTCMKTS:HEOFF) issued its earnings results on Wednesday. The company reported ($0.01) EPS for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($0.02), Morningstar.com reports. H2O INNOVATION had a negative net margin of 5.98% and a negative return on equity of 7.11%.

H2O INNOVATION (OTCMKTS:HEOFF) traded up $0.03 on Wednesday, hitting $1.02. The stock had a trading volume of 650 shares, compared to its average volume of 2,672. The company has a market capitalization of $38.61, a PE ratio of -11.00 and a beta of 0.25. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.06 and a current ratio of 1.29. H2O INNOVATION has a 52 week low of $0.86 and a 52 week high of $1.37.

A number of brokerages have commented on HEOFF. Roth Capital restated a “buy” rating on shares of H2O INNOVATION in a research note on Tuesday. Zacks Investment Research upgraded H2O INNOVATION from a “sell” rating to a “hold” rating in a research note on Wednesday, January 24th.

WARNING: This piece of content was originally reported by Markets Daily and is the sole property of of Markets Daily. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of US and international copyright legislation. The correct version of this piece of content can be read at https://www.themarketsdaily.com/2018/02/14/h2o-innovation-heoff-announces-earnings-results.html.

About H2O INNOVATION

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.

Earnings History for H2O INNOVATION (OTCMKTS:HEOFF)

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.

Latest News

Leave a Reply