M.T.I Wireless Edge’s (MWE) House Stock Rating Reiterated at Shore Capital Group

M.T.I Wireless Edge (LON:MWE)‘s stock had its “house stock” rating reiterated by investment analysts at Shore Capital Group in a report issued on Thursday,London Stock Exchange reports. They presently have a GBX 100 price objective on the stock. Shore Capital Group’s target price would suggest a potential upside of 35.14% from the stock’s current price.

M.T.I Wireless Edge Stock Up 7.2%

MWE stock opened at GBX 74 on Thursday. The company has a quick ratio of 2.15, a current ratio of 2.79 and a debt-to-equity ratio of 2.02. The firm’s 50-day simple moving average is GBX 69.30 and its 200 day simple moving average is GBX 61.14. The stock has a market cap of £63.81 million, a PE ratio of 12.25 and a beta of 0.84. M.T.I Wireless Edge has a fifty-two week low of GBX 37 and a fifty-two week high of GBX 79.

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.