Water Intelligence (LON:WATR) Sets New 52-Week Low – Time to Sell?

Water Intelligence plc (LON:WATR) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 213.10 and last traded at GBX 214, with a volume of 58254 shares. The stock had previously closed at GBX 240.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group upped their price target on shares of Water Intelligence from GBX 500 to GBX 515 and gave the company a “buy” rating in a report on Wednesday, March 18th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 515.

Water Intelligence Stock Down 10.8%

The company has a market cap of £36.28 million, a PE ratio of 8.59, a P/E/G ratio of -1.23 and a beta of 0.84. The firm has a 50-day simple moving average of GBX 293.77 and a two-hundred day simple moving average of GBX 292.17. The company has a debt-to-equity ratio of 47.19, a current ratio of 1.34 and a quick ratio of 2.17.

Water Intelligence Company Profile

Water Intelligence plc, together with its subsidiaries, provides leak detection and remediation services for potable and non-potable water in the United States, the United Kingdom, Australia, Canada, and internationally. The company operates through Franchise Royalty Income, Franchise-Related Activities, US Corporate Operated Locations, and International Corporate Operated Locations segments. It offers water leak and repair solutions. The company is involved in franchising activities, as well as operates corporate owned stores.