Water Intelligence (LON:WATR) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Water Intelligence plc (LON:WATR) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 316.52 and traded as high as GBX 320. Water Intelligence shares last traded at GBX 316, with a volume of 312,098 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 500 price objective on shares of Water Intelligence in a research report on Wednesday, November 5th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of GBX 500.

Water Intelligence Trading Down 0.1%

The company has a quick ratio of 2.17, a current ratio of 1.38 and a debt-to-equity ratio of 32.90. The firm has a market capitalization of £53.67 million, a P/E ratio of 12.68, a price-to-earnings-growth ratio of -1.23 and a beta of 0.47. The firm’s 50-day simple moving average is GBX 283.91 and its 200-day simple moving average is GBX 316.52.

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.