M.T.I Wireless Edge’s (MWE) “House Stock” Rating Reiterated at Shore Capital

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

M.T.I Wireless Edge Stock Performance

Shares of MWE opened at GBX 46 ($0.58) on Monday. The firm has a 50-day moving average price of GBX 44.34 and a 200 day moving average price of GBX 38.07. The firm has a market capitalization of £40.25 million, a PE ratio of 1,150.00 and a beta of 1.04. The company has a quick ratio of 2.15, a current ratio of 2.67 and a debt-to-equity ratio of 4.30. M.T.I Wireless Edge has a 52-week low of GBX 30 ($0.38) and a 52-week high of GBX 50.48 ($0.64).

M.T.I Wireless Edge Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, March 21st were issued a $0.03 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a yield of 6.61%. This is an increase from M.T.I Wireless Edge’s previous dividend of $0.03. M.T.I Wireless Edge’s dividend 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 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.