M.T.I Wireless Edge Ltd. (LON:MWE – Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 63.47 and traded as low as GBX 63. M.T.I Wireless Edge shares last traded at GBX 63, with a volume of 140,910 shares.
Analysts Set New Price Targets
Separately, Shore Capital Group reissued a “house stock” rating on shares of M.T.I Wireless Edge in a report on Monday, August 17th.
Get Our Latest Research Report on M.T.I Wireless Edge
M.T.I Wireless Edge Stock Down 1.2%
The business’s 50 day moving average is GBX 63.69 and its 200-day moving average is GBX 63.47. The company has a debt-to-equity ratio of 2.94, a quick ratio of 2.15 and a current ratio of 2.49. The firm has a market capitalization of £54.54 million, a price-to-earnings ratio of 10.20 and a beta of 0.81.
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.
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