Water Intelligence (LON:WATR) Earns “Buy” Rating from Canaccord Genuity Group

Water Intelligence (LON:WATR)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity Group in a research report issued on Wednesday, Digital Look reports. They currently have a GBX 515 price objective on the stock. Canaccord Genuity Group’s target price points to a potential upside of 59.32% from the company’s current price.

Water Intelligence Stock Performance

LON WATR opened at GBX 323.25 on Wednesday. The company has a debt-to-equity ratio of 48.77, a current ratio of 1.31 and a quick ratio of 2.17. The company has a market cap of £54.36 million, a P/E ratio of 11.54, a P/E/G ratio of -1.23 and a beta of 0.98. The stock has a 50-day moving average of GBX 328.32 and a two-hundred day moving average of GBX 281.97. Water Intelligence has a 1-year low of GBX 210 and a 1-year high of GBX 360.

About Water Intelligence

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.