M.T.I Wireless Edge's (MWE) "House Stock" Rating Reaffirmed at Shore Capital Group

Key Points

• Shore Capital Group reaffirmed its "house stock" rating on M.T.I Wireless Edge (LON:MWE) in a research note to investors.
• Shares were trading up 11.4%, opening at GBX 68.63 (12-month range GBX 37–72) and the company has a market capitalization of £59.15 million with a P/E of 11.77.
• MTI is an international specialist in communication and radio-frequency solutions—notably a world leader in antenna design and production—serving both military and commercial markets.

M.T.I Wireless Edge (LON:MWE - Get Free Report)'s stock had its "house stock" rating reaffirmed by research analysts at Shore Capital Group in a research note issued to investors on Monday,London Stock Exchange reports.

M.T.I Wireless Edge Trading Up 11.4%

Shares of MWE opened at GBX 68.63 on Monday. The company has a current ratio of 2.57, a quick ratio of 2.15 and a debt-to-equity ratio of 3.55. M.T.I Wireless Edge has a 12-month low of GBX 37 and a 12-month high of GBX 72. The firm has a 50-day moving average price of GBX 56.49 and a 200 day moving average price of GBX 49.41. The firm has a market capitalization of £59.15 million, a P/E ratio of 11.77 and a beta of 0.70.

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.

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