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

Shore Capital reiterated their house stock rating on shares of M.T.I Wireless Edge (LON:MWE) in a research note published on Monday, Marketbeat.com reports.

M.T.I Wireless Edge Price Performance

Shares of LON MWE opened at GBX 59.39 ($0.77) on Monday. The stock has a market cap of £64.07 million, a price-to-earnings ratio of 15.13 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. The company’s 50-day moving average price is GBX 53.87 and its 200 day moving average price is GBX 48.32. M.T.I Wireless Edge has a 52 week low of GBX 34.50 ($0.45) and a 52 week high of GBX 70.90 ($0.92).

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.