Water Intelligence (LON:WATR) Reaches New 52-Week Low – Here’s What Happened

Water Intelligence plc (LON:WATR)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 210 and last traded at GBX 226, with a volume of 31787 shares traded. The stock had previously closed at GBX 213.

Analyst Ratings Changes

Separately, Canaccord Genuity Group upped their target price on shares of Water Intelligence from GBX 500 to GBX 515 and gave the stock a “buy” rating in a research note on Wednesday, March 18th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 515.

Water Intelligence Trading Up 6.1%

The company has a 50 day simple moving average of GBX 281.38 and a 200 day simple moving average of GBX 288.35. The company has a current ratio of 1.34, a quick ratio of 2.17 and a debt-to-equity ratio of 47.19. The stock has a market capitalization of £42.87 million, a PE ratio of 9.08, a P/E/G ratio of -1.23 and a beta of 0.84.

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.