M.T.I Wireless Edge (LON:MWE) Trading 0.8% Higher - Should You Buy?

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

Wall Street Analysts Forecast Growth

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

M.T.I Wireless Edge Price Performance

The company has a debt-to-equity ratio of 3.04, a current ratio of 2.94 and a quick ratio of 2.15. The firm has a market capitalization of £54.64 million, a P/E ratio of 12.91 and a beta of 1.03. The firm's 50 day simple moving average is GBX 47.36 and its two-hundred day simple moving average is GBX 49.57.

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.