Water Intelligence (LON:WATR) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

by · The Cerbat Gem

Water Intelligence plc (LON:WATR – Get Free Report)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 335.18 ($4.56) and traded as low as GBX 302 ($4.11). Water Intelligence shares last traded at GBX 310 ($4.22), with a volume of 23,484 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group assumed coverage on Water Intelligence in a report on Tuesday, August 12th. They issued a “buy” rating and a GBX 500 price objective for the company. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Water Intelligence has an average rating of “Buy” and an average price target of GBX 500.

View Our Latest Analysis on WATR

Water Intelligence Price Performance

The firm has a market capitalization of £52.03 million, a price-to-earnings ratio of 1,148.29, a P/E/G ratio of -1.23 and a beta of 0.47. The company has a fifty day moving average price of GBX 311.68 and a two-hundred day moving average price of GBX 335.18. The company has a quick ratio of 2.17, a current ratio of 1.38 and a debt-to-equity ratio of 32.90.

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.

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