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

Water Intelligence (LON:WATR)‘s stock had its “buy” rating reaffirmed by research analysts at Canaccord Genuity Group in a research report issued on Monday, MarketBeat.com reports. They currently have a GBX 515 price target on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 95.19% from the company’s previous close.

Water Intelligence Stock Down 4.1%

LON WATR traded down GBX 11.15 during trading hours on Monday, reaching GBX 263.85. 27,313 shares of the company’s stock were exchanged, compared to its average volume of 29,580. 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 company has a market capitalization of £44.33 million, a price-to-earnings ratio of 10.81, a price-to-earnings-growth ratio of -1.23 and a beta of 0.98. The company’s 50-day moving average is GBX 326.17 and its two-hundred day moving average is GBX 284.42. Water Intelligence has a one year low of GBX 210 and a one 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.