MTI Wireless Edge Limited (LON:MWE) insider Shlomo Ben Naim sold 40,000 shares of the company’s stock in a transaction dated Thursday, October 6th. The stock was sold at an average price of GBX 21 ($0.26), for a total value of £8,400 ($10,396.04).

MTI Wireless Edge Limited (LON:MWE) opened at 21.80 on Wednesday. MTI Wireless Edge Limited has a 12-month low of GBX 12.62 and a 12-month high of GBX 30.15. The company has a 50-day moving average price of GBX 22.60 and a 200-day moving average price of GBX 22.18. The firm’s market cap is GBX 11.26 million.

About MTI Wireless Edge Limited

M.T.I Wireless Edge Ltd. is engaged in the development, design, manufacture and marketing of antennas and accessories. The Company’s segments are Antennas and Water Solutions. The Company’s antenna solutions include smart antennas, multiple input multiple output (MIMO) antennas and dual polarity for wireless applications, such as, worldwide interoperability for microwave access (WiMAX), wireless fidelity (WiFi) and broadband wireless access.

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