M.T.I Wireless Edge Ltd. (LON:MWE - Get Free Report) was up 0.8% during 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 mid-day trading, a decline of 26% from the average daily 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 report on Tuesday, May 27th.
View Our Latest Analysis on MWE
M.T.I Wireless Edge Trading Up 0.8%
The stock has a 50 day simple moving average of GBX 47.29 and a 200-day simple moving average of GBX 49.58. The firm has a market capitalization of £52.21 million, a P/E ratio of 12.33 and a beta of 1.03. The company has a current ratio of 2.94, a quick ratio of 2.15 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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider M.T.I Wireless Edge, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and M.T.I Wireless Edge wasn't on the list.
While M.T.I Wireless Edge currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
