M.T.I Wireless Edge (LON:MWE) Given “House Stock” Rating at Shore Capital Group

M.T.I Wireless Edge (LON:MWE)‘s stock had its “house stock” rating reaffirmed by equities research analysts at Shore Capital Group in a report released on Tuesday,Digital Look reports. They currently have a GBX 100 price objective on the stock. Shore Capital Group’s price objective would suggest a potential upside of 56.25% from the stock’s current price.

M.T.I Wireless Edge Price Performance

Shares of MWE stock opened at GBX 64 on Tuesday. The firm has a market cap of £55.17 million, a P/E ratio of 10.98 and a beta of 0.83. The company has a debt-to-equity ratio of 3.55, a current ratio of 2.57 and a quick ratio of 2.15. M.T.I Wireless Edge has a 1-year low of GBX 37 and a 1-year high of GBX 73. The firm has a fifty day moving average of GBX 62.58 and a two-hundred day moving average of GBX 54.52.

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.