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An announcement from Water Ways Technologies ( (TSE:WWT) ) is now available.
Water Ways Technologies Inc. announced the effective date for the consolidation of its common shares, reducing the number of shares from approximately 148.8 million to 14.9 million, which will commence trading on a consolidated basis on August 21, 2025. The company also provided an update on the liquidation of its Israeli subsidiary, Irri-Al-Tal Ltd., which is part of a strategic shift towards the Canadian market to streamline operations and reduce costs. This move is not expected to impact the company’s revenues, which are primarily generated from its Canadian subsidiary, Heartnut Grove WWT Inc.
Spark’s Take on TSE:WWT Stock
According to Spark, TipRanks’ AI Analyst, TSE:WWT is a Underperform.
Water Ways Technologies scores low primarily due to severe financial distress and unattractive valuation. The absence of technical indicators prevents a comprehensive market analysis. Although the company is pursuing innovative projects, this does not offset the significant financial issues.
To see Spark’s full report on TSE:WWT stock, click here.
More about Water Ways Technologies
Water Ways Technologies Inc. is a Canadian company specializing in Israeli-based agriculture technology, focusing on providing water irrigation solutions to agricultural producers in Canada and the USA. The company is leveraging opportunities in micro and smart irrigation, with projects including vineyards, blueberries, and fresh produce cooling rooms.
Average Trading Volume: 207,699
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$743.9K
For detailed information about WWT stock, go to TipRanks’ Stock Analysis page.