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

Shore Capital reaffirmed their house stock rating on shares of M.T.I Wireless Edge (LON:MWE) in a research note issued to investors on Tuesday morning, MarketBeat reports.

M.T.I Wireless Edge Price Performance

M.T.I Wireless Edge stock opened at GBX 53 ($0.65) on Tuesday. The company has a debt-to-equity ratio of 3.61, a quick ratio of 2.15 and a current ratio of 2.72. The company’s fifty day moving average price is GBX 44.99 and its 200 day moving average price is GBX 43.47. The stock has a market capitalization of £45.75 million, a P/E ratio of 1,325.00 and a beta of 1.03. M.T.I Wireless Edge has a 1 year low of GBX 31 ($0.38) and a 1 year high of GBX 55 ($0.67).

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.