M.T.I Wireless Edge (LON:MWE) Rating Reiterated by Shore Capital

Shore Capital reiterated their house stock rating on shares of M.T.I Wireless Edge (LON:MWE) in a research report released on Tuesday morning, MarketBeat.com reports.

M.T.I Wireless Edge Price Performance

LON:MWE opened at GBX 43 ($0.54) on Tuesday. The company has a debt-to-equity ratio of 4.30, a current ratio of 2.67 and a quick ratio of 2.15. The business has a 50 day simple moving average of GBX 42.86 and a 200-day simple moving average of GBX 37.34. M.T.I Wireless Edge has a 1 year low of GBX 30 ($0.38) and a 1 year high of GBX 52 ($0.65). The firm has a market capitalization of £37.82 million, a price-to-earnings ratio of 1,075.00 and a beta of 1.00.

M.T.I Wireless Edge Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 21st were issued a $0.03 dividend. This represents a dividend yield of 6.61%. This is an increase from M.T.I Wireless Edge’s previous dividend of $0.03. The ex-dividend date was Thursday, March 21st. M.T.I Wireless Edge’s dividend payout ratio is presently 5,000.00%.

About M.T.I Wireless Edge

M.T.I Wireless Edge Ltd. engages in design, development, manufacture, and marketing of antennas for the civilian and military sectors. The company operates through three divisions: Antennas; Water Solutions; and Distribution & Consultation Services. It offers directional, subscriber, sector, vehicular, omni, and train antennas; and provides RFID antennas, such as dual circular, dual linear, high performance, forklift, toll, dual circular ultra-low axial ratio, vehicle mounted, slim, ATEX, linear, embedded, MAT, circular, and subscriber.