Shore Capital Reiterates House Stock Rating for M.T.I Wireless Edge (LON:MWE)

M.T.I Wireless Edge (LON:MWE)‘s stock had its “house stock” rating reaffirmed by Shore Capital in a research note issued on Tuesday, MarketBeat reports.

M.T.I Wireless Edge Price Performance

Shares of LON MWE opened at GBX 43 ($0.54) on Tuesday. The company’s 50-day simple moving average is GBX 43 and its 200-day simple moving average is GBX 37.38. M.T.I Wireless Edge has a 52-week low of GBX 30 ($0.38) and a 52-week high of GBX 52 ($0.65). The firm has a market cap of £37.82 million, a price-to-earnings ratio of 1,075.00 and a beta of 1.00. The company has a quick ratio of 2.15, a current ratio of 2.67 and a debt-to-equity ratio of 4.30.

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.