Shares of M.T.I Wireless Edge Ltd. (LON:MWE – Get Free Report) were down 9.1% on Monday . The company traded as low as GBX 59.75 ($0.77) and last traded at GBX 61.88 ($0.80). Approximately 231,934 shares changed hands during trading, an increase of 21% from the average daily volume of 191,380 shares. The stock had previously closed at GBX 68.06 ($0.88).
Wall Street Analyst Weigh In
Separately, Shore Capital reissued a “house stock” rating on shares of M.T.I Wireless Edge in a research report on Tuesday, January 14th.
Read Our Latest Stock Analysis on MWE
M.T.I Wireless Edge Price Performance
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.
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