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

Water Intelligence (LON:WATR)‘s stock had its “buy” rating reiterated by analysts at Canaccord Genuity Group in a research report issued to clients and investors on Wednesday, September 30th, Digital Look reports. They currently have a GBX 515 price target on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 73.40% from the company’s current price.

Water Intelligence Stock Performance

LON WATR traded down GBX 21 on Wednesday, reaching GBX 297. 78,684 shares of the stock were exchanged, compared to its average volume of 28,827. The company has a current ratio of 1.43, a quick ratio of 2.17 and a debt-to-equity ratio of 50.84. Water Intelligence has a one year low of GBX 210 and a one year high of GBX 360. The firm has a market capitalization of £49.90 million, a PE ratio of 12.17, a PEG ratio of -1.23 and a beta of 0.98. The company’s 50-day simple moving average is GBX 329.33 and its two-hundred day simple moving average is GBX 283.57.

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.