Water Intelligence (LON:WATR) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Water Intelligence plc (LON:WATR)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 295.81 and traded as low as GBX 280. Water Intelligence shares last traded at GBX 294, with a volume of 3,146 shares traded.

Water Intelligence Stock 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 firm has a market capitalization of £49.84 million, a PE ratio of 11.81, a price-to-earnings-growth ratio of -1.23 and a beta of 0.84. The firm’s 50 day moving average price is GBX 307.39 and its 200-day moving average price is GBX 295.81.

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. It offers water leak and repair solutions. The company is involved in franchising activities, as well as operates corporate owned stores.