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Water Intelligence ( (GB:WATR) ) just unveiled an update.
Water Intelligence PLC has repurchased 15,000 of its own ordinary shares at a price of 288 pence per share, as authorized by shareholders at the company’s Annual General Meeting. This transaction, executed through Dowgate Capital on the London Stock Exchange, results in the company holding a total of 414,150 shares in treasury, impacting the total voting rights and shareholding calculations for stakeholders.
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 within the water management industry, focusing on providing innovative solutions to address water leakage issues.
Average Trading Volume: 30,516
Technical Sentiment Signal: Sell
Current Market Cap: £55.59M
For an in-depth examination of WATR stock, go to TipRanks’ Overview page.