Water Intelligence (LON:WATR) Stock Price Crosses Below Two Hundred Day Moving Average - Here's Why

Key Points

• Water Intelligence plc shares have crossed below their 200-day moving average of GBX 360.38, indicating potential bearish market sentiment.
• The stock last traded at GBX 310 ($4.19), with a trading volume of 136,934 shares, and has shown a recent increase of 1.0%.
• The company's market cap is £76.61 million, and it has a price-to-earnings ratio of 14.42, suggesting it may be undervalued compared to earnings.

Water Intelligence plc (LON:WATR - Get Free Report)'s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 360.38 ($4.81) and traded as low as GBX 310 ($4.14). Water Intelligence shares last traded at GBX 310 ($4.14), with a volume of 136,934 shares changing hands.

Water Intelligence Stock Performance

The firm's 50 day simple moving average is GBX 345.26 and its 200-day simple moving average is GBX 357.38. The company has a debt-to-equity ratio of 32.90, a quick ratio of 2.17 and a current ratio of 1.38. The company has a market capitalization of £77.84 million, a price-to-earnings ratio of 14.65, a P/E/G ratio of -1.23 and a beta of 0.47.

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.