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

Water Intelligence plc (LON:WATR) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 310.78 and traded as low as GBX 294. Water Intelligence shares last traded at GBX 294, with a volume of 9,408 shares traded.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 500 target price on shares of Water Intelligence in a research note on Wednesday, November 5th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of GBX 500.

Water Intelligence Stock Performance

The firm has a market capitalization of £55.90 million, a P/E ratio of 11.81, a P/E/G ratio of -1.23 and a beta of 0.47. The company has a debt-to-equity ratio of 32.90, a current ratio of 1.38 and a quick ratio of 2.17. The firm has a 50-day moving average price of GBX 286.14 and a two-hundred day moving average price of GBX 310.78.

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.