M.T.I Wireless Edge (LON:MWE) Earns “House Stock” Rating from Shore Capital Group

M.T.I Wireless Edge (LON:MWE)‘s stock had its “house stock” rating reiterated by research analysts at Shore Capital Group in a research report issued on Thursday,London Stock Exchange reports. They presently have a GBX 100 target price on the stock. Shore Capital Group’s target price points to a potential upside of 35.14% from the company’s current price.

M.T.I Wireless Edge Trading Up 7.2%

Shares of MWE opened at GBX 74 on Thursday. M.T.I Wireless Edge has a one year low of GBX 37 and a one year high of GBX 79. The stock has a 50-day moving average price of GBX 69.30 and a 200 day moving average price of GBX 61.14. The company has a debt-to-equity ratio of 2.02, a quick ratio of 2.15 and a current ratio of 2.79. The company has a market capitalization of £63.81 million, a P/E ratio of 12.25 and a beta of 0.84.

M.T.I Wireless Edge Company Profile

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.