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

M.T.I Wireless Edge (LON:MWE)‘s stock had its “house stock” rating reissued by analysts at Shore Capital Group in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports. They currently have a GBX 100 price target on the stock. Shore Capital Group’s price objective would indicate a potential upside of 44.93% from the company’s current price.

M.T.I Wireless Edge Trading Down 2.1%

LON:MWE opened at GBX 69 on Thursday. The firm’s fifty day moving average is GBX 69.37 and its 200-day moving average is GBX 61.36. The company has a debt-to-equity ratio of 2.02, a quick ratio of 2.15 and a current ratio of 2.79. M.T.I Wireless Edge has a 52 week low of GBX 37 and a 52 week high of GBX 79. The firm has a market cap of £59.50 million, a P/E ratio of 11.42 and a beta of 0.84.

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.