M.T.I Wireless Edge’s (MWE) “House Stock” Rating Reiterated at Shore Capital Group

Shore Capital Group reaffirmed their house stock rating on shares of M.T.I Wireless Edge (LON:MWE) in a report published on Thursday, Marketbeat Ratings reports. Shore Capital Group currently has a GBX 100 price target on the stock.

M.T.I Wireless Edge Stock Down 2.1%

MWE stock opened at GBX 69 on Thursday. The business has a 50-day simple moving average of GBX 69.37 and a 200 day simple moving average of GBX 61.36. M.T.I Wireless Edge has a 52 week low of GBX 37 and a 52 week high of GBX 79. The company has a market cap of £59.50 million, a PE ratio of 11.42 and a beta of 0.84. The company has a quick ratio of 2.15, a current ratio of 2.79 and a debt-to-equity ratio of 2.02.

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.