Water Intelligence (LON:WATR) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Water Intelligence plc (LON:WATR) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 295.81 and traded as low as GBX 280. Water Intelligence shares last traded at GBX 294, with a volume of 3,146 shares changing hands.

Water Intelligence Stock Performance

The firm has a market capitalization of £45.78 million, a P/E ratio of 10.84, a price-to-earnings-growth ratio of -1.23 and a beta of 0.84. The company has a 50-day moving average of GBX 306.65 and a 200-day moving average of GBX 295.57. The company has a current ratio of 1.34, a quick ratio of 2.17 and a debt-to-equity ratio of 47.19.

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.