Water Intelligence’s (WATR) “Buy” Rating Reiterated at 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 Wednesday, Digital Look reports. They presently have a GBX 515 price objective on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 71.67% from the stock’s previous close.

Water Intelligence Price Performance

Shares of LON WATR opened at GBX 300 on Wednesday. The firm has a market cap of £50.45 million, a PE ratio of 10.71, a PEG ratio of -1.23 and a beta of 0.98. The company has a current ratio of 1.31, a quick ratio of 2.17 and a debt-to-equity ratio of 48.77. Water Intelligence has a 1-year low of GBX 210 and a 1-year high of GBX 360. The company has a fifty day moving average price of GBX 329 and a 200 day moving average price of GBX 282.68.

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.