M.T.I Wireless Edge (LON:MWE) Trading Up 1.5%

M.T.I Wireless Edge Ltd. (LON:MWE) shares were up 1.5% on Tuesday . The company traded as high as GBX 40 ($0.51) and last traded at GBX 40 ($0.51). Approximately 68,023 shares were traded during trading, an increase of 18% from the average daily volume of 57,650 shares. The stock had previously closed at GBX 39.40 ($0.50).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “house stock” rating on shares of M.T.I Wireless Edge in a report on Monday, May 20th.

M.T.I Wireless Edge Stock Performance

The company has a market capitalization of £35.00 million, a price-to-earnings ratio of 1,000.00 and a beta of 1.04. The company has a debt-to-equity ratio of 4.30, a quick ratio of 2.15 and a current ratio of 2.67. The company’s fifty day simple moving average is GBX 42.91 and its two-hundred day simple moving average is GBX 39.68.

M.T.I Wireless Edge Company Profile

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.