Water Intelligence (LON:WATR) Stock Keeps Buy Rating at Canaccord Genuity Group

Water Intelligence (LON:WATR)‘s stock had its “buy” rating reissued by stock analysts at Canaccord Genuity Group in a research report issued on Monday, MarketBeat reports. They currently have a GBX 515 target price on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 94.34% from the company’s current price.

Water Intelligence Stock Up 1.0%

Shares of WATR stock traded up GBX 2.50 during trading hours on Monday, reaching GBX 265. The company had a trading volume of 22,975 shares, compared to its average volume of 29,561. Water Intelligence has a twelve month low of GBX 210 and a twelve month high of GBX 360. The company has a market capitalization of £44.53 million, a P/E ratio of 10.86, a price-to-earnings-growth ratio of -1.23 and a beta of 0.98. The company has a debt-to-equity ratio of 50.84, a quick ratio of 2.17 and a current ratio of 1.43. The stock’s fifty day simple moving average is GBX 325.20 and its 200 day simple moving average is GBX 284.56.

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.