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

Shore Capital Group reiterated their house stock rating on shares of M.T.I Wireless Edge (LON:MWE) in a research report sent to investors on Monday morning, Marketbeat.com reports.

M.T.I Wireless Edge Trading Up 8.3%

Shares of MWE opened at GBX 66.72 on Monday. The firm’s 50-day moving average price is GBX 56.79 and its 200-day moving average price is GBX 49.58. The firm has a market capitalization of £57.51 million, a price-to-earnings ratio of 11.44 and a beta of 0.70. The company has a current ratio of 2.57, a quick ratio of 2.15 and a debt-to-equity ratio of 3.55. M.T.I Wireless Edge has a 1-year low of GBX 37 and a 1-year high of GBX 72.

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.