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Water Intelligence ( (GB:WATR) ) has issued an announcement.
Water Intelligence PLC announced the purchase of 15,000 of its own ordinary shares, executed through its joint broker, Dowgate Capital, on the London Stock Exchange. This transaction, approved by shareholders, aims to manage the company’s share capital and voting rights, with the purchased shares held in treasury. The total number of voting rights in the company is now 19,258,538, which includes shares admitted to trading on AIM and those not admitted but still carrying voting rights.
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: 23,386
Technical Sentiment Signal: Sell
Current Market Cap: £53.08M
For a thorough assessment of WATR stock, go to TipRanks’ Stock Analysis page.