Water Intelligence (LON:WATR) Stock Rating Reaffirmed as “Buy” by Canaccord Genuity Group

Water Intelligence (LON:WATR)‘s stock had its “buy” rating reaffirmed by equities researchers at Canaccord Genuity Group in a research note issued on Monday, MarketBeat.com reports. They presently have a GBX 515 price target on the stock. Canaccord Genuity Group’s target price points to a potential upside of 95.82% from the stock’s current price.

Water Intelligence Stock Performance

Shares of Water Intelligence stock remained flat at GBX 263 during midday trading on Monday. 19,275 shares of the company were exchanged, compared to its average volume of 29,578. The company has a quick ratio of 2.17, a current ratio of 1.43 and a debt-to-equity ratio of 50.84. The firm has a market cap of £44.19 million, a P/E ratio of 10.78, a price-to-earnings-growth ratio of -1.23 and a beta of 0.98. The company’s fifty day moving average is GBX 323.38 and its two-hundred day moving average is GBX 284.57. Water Intelligence has a fifty-two week low of GBX 210 and a fifty-two week high of GBX 360.

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.