M.T.I Wireless Edge’s (MWE) House Stock Rating Reaffirmed at Shore Capital

M.T.I Wireless Edge (LON:MWE)‘s stock had its “house stock” rating reissued by Shore Capital in a report issued on Tuesday,Digital Look reports.

M.T.I Wireless Edge Stock Up 5.5 %

MWE traded up GBX 2.75 ($0.03) during trading on Tuesday, hitting GBX 52.75 ($0.65). The stock had a trading volume of 144,980 shares, compared to its average volume of 177,820. The stock has a 50 day simple moving average of GBX 44.84 and a two-hundred day simple moving average of GBX 43.38. The company has a market capitalization of £45.53 million, a PE ratio of 1,318.75 and a beta of 1.03. M.T.I Wireless Edge has a twelve month low of GBX 31 ($0.38) and a twelve month high of GBX 55 ($0.67). The company has a debt-to-equity ratio of 3.61, a quick ratio of 2.15 and a current ratio of 2.72.

About M.T.I Wireless Edge

MTI Wireless Edge Ltd (“MTI”) is an international, specialist technology group focused on comprehensive communication and radio frequency solutions across multiple sectors and geographies, serving blue chip clients.
The Company operates through three distinct divisions:
• Antenna Division
MTI is a world leader in the design, development and production of high quality, state-of-the-art, cost-effective antenna solutions for wireless applications, supplying both military and commercial markets.