Water Intelligence’s (WATR) Buy Rating Reaffirmed at Canaccord Genuity Group

Water Intelligence (LON:WATR)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity Group in a note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 515 price target on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 60.94% from the company’s current price.

Water Intelligence Stock Down 6.6%

Shares of LON WATR traded down GBX 22.50 on Wednesday, hitting GBX 320. The company had a trading volume of 326,709 shares, compared to its average volume of 29,235. The company has a quick ratio of 2.17, a current ratio of 1.31 and a debt-to-equity ratio of 48.77. Water Intelligence has a 12-month low of GBX 210 and a 12-month high of GBX 360. The firm has a market capitalization of £53.81 million, a P/E ratio of 11.43, a PEG ratio of -1.23 and a beta of 0.98. The business has a 50 day moving average of GBX 328.32 and a two-hundred day moving average of GBX 281.97.

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.