Water Intelligence (LON:WATR) Sets New 12-Month High – Still a Buy?

Water Intelligence plc (LON:WATR) shares hit a new 52-week high on Friday . The company traded as high as GBX 340 and last traded at GBX 340, with a volume of 68281 shares changing hands. The stock had previously closed at GBX 318.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 515 price objective on shares of Water Intelligence in a research report on Tuesday, May 19th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 515.

Water Intelligence Price Performance

The company has a market capitalization of £57.18 million, a P/E ratio of 12.14, a P/E/G ratio of -1.23 and a beta of 0.98. The company has a 50 day moving average price of GBX 287.23 and a 200 day moving average price of GBX 273.73. The company has a current ratio of 1.31, a quick ratio of 2.17 and a debt-to-equity ratio of 48.77.

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.