MTI Wireless Edge Limited (LON:MWE) insider Shlomo Ben Naim sold 40,000 shares of the firm’s stock in a transaction on Thursday, October 6th. The shares were sold at an average price of GBX 21 ($0.26), for a total value of £8,400 ($10,396.04).

Shares of MTI Wireless Edge Limited (LON:MWE) opened at 21.80 on Wednesday. The firm has a 50-day moving average price of GBX 22.60 and a 200-day moving average price of GBX 22.18. MTI Wireless Edge Limited has a 1-year low of GBX 12.62 and a 1-year high of GBX 30.15. The firm’s market capitalization is GBX 11.26 million.

About MTI Wireless Edge Limited

M.T.I Wireless Edge Ltd. is engaged in the development, design, manufacture and marketing of antennas and accessories. The Company’s segments are Antennas and Water Solutions. The Company’s antenna solutions include smart antennas, multiple input multiple output (MIMO) antennas and dual polarity for wireless applications, such as, worldwide interoperability for microwave access (WiMAX), wireless fidelity (WiFi) and broadband wireless access.

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