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

Water Intelligence (LON:WATR)‘s stock had its “buy” rating reiterated by equities researchers at Canaccord Genuity Group in a report issued on Monday, Marketbeat Ratings reports. They presently have a GBX 515 price target on the stock. Canaccord Genuity Group’s price target 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 during trading on Monday, hitting GBX 275. The company’s stock had a trading volume of 24,362 shares, compared to its average volume of 29,591. The company has a debt-to-equity ratio of 50.84, a quick ratio of 2.17 and a current ratio of 1.43. Water Intelligence has a fifty-two week low of GBX 210 and a fifty-two week high of GBX 360. The stock’s 50-day moving average price is GBX 326.95 and its two-hundred day moving average price is GBX 284.26. The company has a market capitalization of £46.21 million, a PE ratio of 11.27, a PEG ratio of -1.23 and a beta of 0.98.

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.