Shore Capital Reiterates House Stock Rating for M.T.I Wireless Edge (LON:MWE)

Key Points

• Shore Capital has reaffirmed its "house stock" rating for M.T.I Wireless Edge (LON:MWE) in a recent research report.
• M.T.I Wireless Edge shares opened at GBX 48, with a 12-month trading range between GBX 39 and GBX 70.90, and a market capitalization of £51.78 million.
• The company specializes in communication and radio frequency solutions, operating through three distinct divisions, including a leading Antenna Division serving military and commercial markets.

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

M.T.I Wireless Edge Stock Performance

Shares of MWE stock opened at GBX 48 on Tuesday. M.T.I Wireless Edge has a 12-month low of GBX 39 and a 12-month high of GBX 70.90. The firm has a market capitalization of £51.78 million, a price-to-earnings ratio of 12.23 and a beta of 1.03. The business has a 50 day simple moving average of GBX 47.35 and a 200 day simple moving average of GBX 49.57. The company has a debt-to-equity ratio of 3.04, a current ratio of 2.94 and a quick ratio of 2.15.

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.

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.