Water Intelligence (LON:WATR) Hits New 1-Year Low – Should You Sell?

Shares of Water Intelligence plc (LON:WATR) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 250 and last traded at GBX 250, with a volume of 74679 shares changing hands. The stock had previously closed at GBX 252.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group raised their price target on shares of Water Intelligence from GBX 500 to GBX 515 and gave the stock a “buy” rating in a report on Wednesday, March 18th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 515.

Water Intelligence Price Performance

The company has a debt-to-equity ratio of 47.19, a quick ratio of 2.17 and a current ratio of 1.34. The stock’s 50-day moving average is GBX 300.01 and its two-hundred day moving average is GBX 293.83. The stock has a market cap of £42.39 million, a PE ratio of 10.04, a PEG ratio of -1.23 and a beta of 0.84.

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.