Water Intelligence (LON:WATR) Given “Buy” Rating at Canaccord Genuity Group

Water Intelligence (LON:WATR)‘s stock had its “buy” rating restated by research analysts at Canaccord Genuity Group in a research report issued to clients and investors on Wednesday, Digital Look reports. They presently have a GBX 515 target price on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 71.67% from the company’s previous close.

Water Intelligence Stock Down 7.0%

WATR stock traded down GBX 22.50 during trading hours on Wednesday, reaching GBX 300. 41,500 shares of the stock were exchanged, compared to its average volume of 28,472. The firm’s 50-day moving average is GBX 329 and its 200-day moving average is GBX 282.80. Water Intelligence has a 12 month low of GBX 210 and a 12 month high of GBX 360. The company has a market cap of £50.45 million, a price-to-earnings ratio of 10.71, a PEG ratio of -1.23 and a beta of 0.98. The company has a debt-to-equity ratio of 50.84, a current ratio of 1.43 and a quick ratio of 2.17.

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.