M.T.I Wireless Edge (LON:MWE) Shares Climb 0.7% – Here’s Why

Shares of M.T.I Wireless Edge Ltd. (LON:MWE – Get Free Report) rose 0.7% during trading on Thursday. The company traded as high as GBX 63 and last traded at GBX 62.95. 19,919 shares traded hands during trading, a decline of 90% from the average session volume of 192,581 shares. The stock had previously closed at GBX 62.50.

Analysts Set New Price Targets

Separately, Shore Capital Group restated a “house stock” rating on shares of M.T.I Wireless Edge in a research report on Monday, August 17th.

View Our Latest Stock Report on MWE

M.T.I Wireless Edge Stock Up 3.4%

The business’s 50 day simple moving average is GBX 64.69 and its 200-day simple moving average is GBX 66.11. The company has a market cap of £56.19 million, a price-to-earnings ratio of 10.51 and a beta of 0.81. The company has a debt-to-equity ratio of 2.94, a quick ratio of 2.15 and a current ratio of 2.49.

M.T.I Wireless Edge Company Profile

(Get Free Report)

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.

Further Reading

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