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An announcement from Water Intelligence ( (GB:WATR) ) is now available.
Water Intelligence PLC announced the purchase of 30,000 of its own ordinary shares at a price of 262 pence each, as authorized by shareholders. These shares will be held in treasury, affecting the total voting rights, which now stand at 19,108,538 ordinary shares. This transaction reflects the company’s strategic financial management and may influence shareholder calculations regarding their interests in the company.
The most recent analyst rating on (GB:WATR) stock is a Buy with a £5.00 price target. To see the full list of analyst forecasts on Water Intelligence stock, see the GB:WATR Stock Forecast page.
Spark’s Take on GB:WATR Stock
According to Spark, TipRanks’ AI Analyst, GB:WATR is a Outperform.
Water Intelligence’s strong financial performance is the most significant factor, supported by robust revenue growth and profitability. The technical analysis indicates a bearish trend, which slightly offsets the financial strengths. The valuation is reasonable, suggesting the stock is fairly priced. Overall, the company is well-positioned for growth, but current market trends warrant caution.
To see Spark’s full report on GB:WATR stock, click here.
More about Water Intelligence
Water Intelligence PLC is a leading multinational company specializing in precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water. The company operates in the water management industry, focusing on providing innovative solutions to address water leakage issues.
Average Trading Volume: 31,395
Technical Sentiment Signal: Sell
Current Market Cap: £50.14M
Find detailed analytics on WATR stock on TipRanks’ Stock Analysis page.