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

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

M.T.I Wireless Edge Trading Up 2.2 %

LON MWE opened at GBX 47 ($0.59) on Tuesday. The firm’s 50 day moving average price is GBX 39.28 and its two-hundred day moving average price is GBX 37.10. The company has a debt-to-equity ratio of 4.30, a quick ratio of 2.15 and a current ratio of 2.67. M.T.I Wireless Edge has a twelve month low of GBX 30 ($0.38) and a twelve month high of GBX 54.50 ($0.68). The stock has a market cap of £41.34 million, a price-to-earnings ratio of 1,175.00 and a beta of 1.00.

M.T.I Wireless Edge Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, April 11th. Stockholders of record on Thursday, March 21st will be issued a dividend of $0.03 per share. This is a boost from M.T.I Wireless Edge’s previous dividend of $0.03. This represents a dividend yield of 6.61%. The ex-dividend date is Thursday, March 21st. M.T.I Wireless Edge’s payout ratio is currently 5,000.00%.

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. It offers dual bands, directional, base station, and omni antennas; vehicular and train antennas; indoor antennas; and accessories, including mounting kit and integrated enclosure.