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M.T.I Wireless Edge (LON:MWE) Trading Up 0.8% - 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) 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.

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