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 Shore Capital Group in a report released on Monday,London Stock Exchange reports. They currently have a GBX 100 price objective on the stock. Shore Capital Group’s price objective would suggest a potential upside of 42.86% from the company’s previous close.

M.T.I Wireless Edge Price Performance

LON:MWE opened at GBX 70 on Monday. The firm has a market capitalization of £60.34 million, a price-to-earnings ratio of 11.59 and a beta of 0.83. M.T.I Wireless Edge has a 52-week low of GBX 37 and a 52-week high of GBX 73. The stock has a fifty day moving average of GBX 64.37 and a 200 day moving average of GBX 56.22. The company has a debt-to-equity ratio of 3.55, a quick ratio of 2.15 and a current ratio of 2.57.

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.