H2O Innovation’s (HEOFF) Buy Rating Reaffirmed at Roth Capital

Roth Capital reissued their buy rating on shares of H2O Innovation (OTCMKTS:HEOFF) in a research note released on Thursday, Zacks.com reports.

HEOFF stock opened at $0.70 on Thursday. The firm has a market cap of $28.10 million, a P/E ratio of 70.00 and a beta of 0.51. The company has a current ratio of 1.34, a quick ratio of 1.09 and a debt-to-equity ratio of 0.13. H2O Innovation has a one year low of $0.54 and a one year high of $1.00.

H2O Innovation (OTCMKTS:HEOFF) last released its quarterly earnings results on Wednesday, May 15th. The company reported $0.02 EPS for the quarter. The firm had revenue of $24.31 million for the quarter.

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.

Further Reading: Understanding Compound Annual Growth Rate (CAGR)

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