M.T.I Wireless Edge (LON:MWE) Given “House Stock” Rating at Shore Capital

M.T.I Wireless Edge (LON:MWE)‘s stock had its “house stock” rating restated by equities research analysts at Shore Capital in a research note issued on Monday,Digital Look reports.

M.T.I Wireless Edge Trading Down 13.1 %

Shares of M.T.I Wireless Edge stock traded down GBX 8.91 ($0.12) on Monday, reaching GBX 59.15 ($0.76). 793,691 shares of the company were exchanged, compared to its average volume of 201,980. M.T.I Wireless Edge has a fifty-two week low of GBX 34.50 ($0.45) and a fifty-two week high of GBX 70.90 ($0.92). The firm has a market capitalization of £63.81 million, a price-to-earnings ratio of 15.07 and a beta of 1.03. The company has a current ratio of 2.94, a quick ratio of 2.15 and a debt-to-equity ratio of 3.04. The stock has a fifty day moving average price of GBX 53.62 and a 200-day moving average price of GBX 48.18.

M.T.I Wireless Edge Company Profile

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.