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

Water Intelligence (LON:WATR)‘s stock had its “buy” rating reiterated by stock analysts at Canaccord Genuity Group in a research note issued on Monday, MarketBeat.com reports. They currently have a GBX 515 target price on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 87.27% from the company’s previous close.

Water Intelligence Stock Down 0.9%

Shares of LON:WATR traded down GBX 2.50 on Monday, hitting GBX 275. 24,362 shares of the company traded hands, compared to its average volume of 29,591. The stock has a 50 day simple moving average of GBX 326.95 and a 200-day simple moving average of GBX 284.26. The company has a quick ratio of 2.17, a current ratio of 1.43 and a debt-to-equity ratio of 50.84. The company has a market cap of £46.21 million, a PE ratio of 11.27, a PEG ratio of -1.23 and a beta of 0.98. Water Intelligence has a 52 week low of GBX 210 and a 52 week high of GBX 360.

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.