Water Intelligence (LON:WATR) Stock Rating Reaffirmed as Buy by Canaccord Genuity Group

Water Intelligence (LON:WATR)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity Group in a research report issued on Monday, October 12th, MarketBeat reports. They presently have a GBX 515 target price on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 99.61% from the stock’s current price.

Water Intelligence Stock Down 1.9%

Shares of LON WATR traded down GBX 5 during mid-day trading on Monday, reaching GBX 258. 16,949 shares of the company’s stock were exchanged, compared to its average volume of 29,516. Water Intelligence has a twelve month low of GBX 210 and a twelve month high of GBX 360. The company has a current ratio of 1.43, a quick ratio of 2.17 and a debt-to-equity ratio of 50.84. The firm has a market capitalization of £43.35 million, a price-to-earnings ratio of 10.57, a PEG ratio of -1.23 and a beta of 0.98. The business has a fifty day simple moving average of GBX 323.38 and a 200 day simple moving average of GBX 285.07.

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.