Water Intelligence’s (WATR) Buy Rating Reiterated at Canaccord Genuity Group

Water Intelligence (LON:WATR)‘s stock had its “buy” rating reissued by stock analysts at Canaccord Genuity Group in a report issued on Monday, Marketbeat reports. They presently have a GBX 515 price objective on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 100.58% from the company’s current price.

Water Intelligence Stock Performance

LON:WATR traded down GBX 6.25 during trading hours on Monday, hitting GBX 256.75. 17,629 shares of the company traded hands, compared to its average volume of 29,570. 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 twelve month low of GBX 210 and a twelve month high of GBX 360. The firm has a 50-day moving average of GBX 324.34 and a 200 day moving average of GBX 284.73. The stock has a market capitalization of £43.14 million, a price-to-earnings ratio of 10.52, 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.