M.T.I Wireless Edge (LON:MWE) Trading Up 1% – Here’s What Happened

M.T.I Wireless Edge Ltd. (LON:MWEGet Free Report)’s stock price traded up 1% during trading on Monday . The company traded as high as GBX 47.40 and last traded at GBX 46.96. 349,776 shares changed hands during trading, an increase of 14% from the average session volume of 306,071 shares. The stock had previously closed at GBX 46.50.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “house stock” rating on shares of M.T.I Wireless Edge in a research report on Monday, October 13th.

Get Our Latest Research Report on MWE

M.T.I Wireless Edge Stock Performance

The company has a quick ratio of 2.15, a current ratio of 2.94 and a debt-to-equity ratio of 3.04. The stock has a fifty day simple moving average of GBX 45.26 and a 200-day simple moving average of GBX 45.60. The company has a market capitalization of £40.48 million, a P/E ratio of 8.25 and a beta of 1.03.

M.T.I Wireless Edge Company Profile

(Get Free Report)

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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