M.T.I Wireless Edge (LON:MWE) Stock Price Up 3.3% – What’s Next?

M.T.I Wireless Edge Ltd. (LON:MWE) shares were up 3.3% on Monday . The stock traded as high as GBX 46.76 ($0.60) and last traded at GBX 46.50 ($0.60). Approximately 46,601 shares were traded during trading, a decline of 36% from the average daily volume of 72,958 shares. The stock had previously closed at GBX 45 ($0.58).

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of M.T.I Wireless Edge in a report on Thursday, September 26th.

M.T.I Wireless Edge Price Performance

The company has a quick ratio of 2.15, a current ratio of 2.72 and a debt-to-equity ratio of 3.61. The stock has a market cap of £40.14 million, a P/E ratio of 1,162.50 and a beta of 1.03. The business’s 50-day simple moving average is GBX 46.37 and its two-hundred day simple moving average is GBX 42.77.

About M.T.I Wireless Edge

M.T.I Wireless Edge Ltd. engages in design, development, manufacture, and marketing of antennas for the civilian and military sectors. The company operates through three divisions: Antennas; Water Solutions; and Distribution & Consultation Services. It offers directional, subscriber, sector, vehicular, omni, and train antennas; and provides RFID antennas, such as dual circular, dual linear, high performance, forklift, toll, dual circular ultra-low axial ratio, vehicle mounted, slim, ATEX, linear, embedded, MAT, circular, and subscriber.