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

M.T.I Wireless Edge (LON:MWE)‘s stock had its “house stock” rating reiterated by stock analysts at Shore Capital in a research note issued on Tuesday, MarketBeat Ratings reports.

M.T.I Wireless Edge Stock Up 2.1 %

Shares of MWE stock opened at GBX 53.10 ($0.65) on Tuesday. The company has a 50 day simple moving average of GBX 45.15 and a two-hundred day simple moving average of GBX 43.54. The stock has a market cap of £45.84 million, a P/E ratio of 1,327.50 and a beta of 1.03. M.T.I Wireless Edge has a 12 month low of GBX 31 ($0.38) and a 12 month high of GBX 55 ($0.67). The company has a current ratio of 2.72, a quick ratio of 2.15 and a debt-to-equity ratio of 3.61.

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.