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

Water Intelligence (LON:WATR)‘s stock had its “buy” rating reiterated by research analysts at Canaccord Genuity Group in a research report issued to clients and investors on Wednesday, Digital Look reports. They currently have a GBX 515 price target on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 59.32% from the company’s current price.

Water Intelligence Stock Down 5.6%

Shares of LON WATR opened at GBX 323.25 on Wednesday. The company has a current ratio of 1.31, a quick ratio of 2.17 and a debt-to-equity ratio of 48.77. The company has a 50-day moving average of GBX 328.32 and a 200 day moving average of GBX 281.97. Water Intelligence has a 12-month low of GBX 210 and a 12-month high of GBX 360. The stock has a market cap of £54.36 million, a PE ratio of 11.54, a P/E/G ratio of -1.23 and a beta of 0.98.

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.