Water Intelligence (LON:WATR) Share Price Breaks Below Two Hundred Day Moving Average – Here’s What Happened

Water Intelligence plc (LON:WATR – Get Free Report)’s share price passed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of GBX 285.37 and traded as low as GBX 255. Water Intelligence shares last traded at GBX 258, with a volume of 16,949 shares traded.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 515 price target on shares of Water Intelligence in a research report on Monday, October 12th. One research analyst has rated the stock with a Buy rating. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 515.

Check Out Our Latest Analysis on WATR

Water Intelligence Trading Up 2.8%

The stock has a fifty day moving average of GBX 321.60 and a two-hundred day moving average of GBX 285.68. The company has a market capitalization of £45.77 million, a PE ratio of 11.16, a PEG ratio of -1.23 and a beta of 0.98. The company has a current ratio of 1.43, a quick ratio of 2.17 and a debt-to-equity ratio of 50.84.

Water Intelligence Company Profile

(Get Free Report)

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.

Further Reading

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