Water Intelligence (LON:WATR) Shares Cross Below 200-Day Moving Average - Time to Sell?

Key Points

• Water Intelligence plc's stock has recently fallen below its 200-day moving average of GBX 355.57, trading as low as GBX 310.
• The company's current market cap is £77.35 million, and it has a PE ratio of 14.56 and a debt-to-equity ratio of 32.90.
• Water Intelligence provides leak detection and remediation services for both potable and non-potable water across various countries, including the US and UK.

Water Intelligence plc (LON:WATR - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 355.57 ($4.73) and traded as low as GBX 310 ($4.12). Water Intelligence shares last traded at GBX 316 ($4.20), with a volume of 26,836 shares changing hands.

Water Intelligence Price Performance

The business's 50 day simple moving average is GBX 340.66 and its 200-day simple moving average is GBX 353.76. The stock has a market capitalization of £78.33 million, a price-to-earnings ratio of 14.75, a price-to-earnings-growth ratio of -1.23 and a beta of 0.47. The company has a debt-to-equity ratio of 32.90, a quick ratio of 2.17 and a current ratio of 1.38.

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.