Water Intelligence (LON:WATR) Reaches New 1-Year Low – What’s Next?

Water Intelligence plc (LON:WATR)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as GBX 250 and last traded at GBX 250, with a volume of 74679 shares changing hands. The stock had previously closed at GBX 252.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group lifted their price objective 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 equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of GBX 515.

Water Intelligence Price Performance

The business has a 50-day moving average price of GBX 297.14 and a 200 day moving average price of GBX 293.19. The company has a market cap of £41.28 million, a price-to-earnings ratio of 9.78, a P/E/G ratio of -1.23 and a beta of 0.84. The company has a current ratio of 1.34, a quick ratio of 2.17 and a debt-to-equity ratio of 47.19.

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.