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M.T.I Wireless Edge (LON:MWE) Trading 0.8% Higher - Here's Why

M.T.I Wireless Edge logo with Computer and Technology background

M.T.I Wireless Edge Ltd. (LON:MWE - Get Free Report) rose 0.8% during mid-day trading on Tuesday . The stock traded as high as GBX 48.70 ($0.66) and last traded at GBX 48.40 ($0.66). Approximately 118,730 shares traded hands during trading, a decline of 26% from the average daily volume of 159,499 shares. The stock had previously closed at GBX 48 ($0.65).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a "house stock" rating on shares of M.T.I Wireless Edge in a report on Tuesday, May 27th.

Check Out Our Latest Analysis on M.T.I Wireless Edge

M.T.I Wireless Edge Price Performance

The stock has a market capitalization of £54.53 million, a P/E ratio of 12.88 and a beta of 1.03. The company has a 50 day moving average of GBX 47.41 and a 200-day moving average of GBX 49.63. The company has a quick ratio of 2.15, a current ratio of 2.94 and a debt-to-equity ratio of 3.04.

About M.T.I Wireless Edge

(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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