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

Shore Capital reaffirmed their house stock rating on shares of M.T.I Wireless Edge (LON:MWE - Free Report) in a report issued on Monday morning, MarketBeat reports.

M.T.I Wireless Edge Stock Performance

Shares of LON MWE traded down GBX 0.20 ($0.00) during trading on Monday, reaching GBX 58.30 ($0.76). The stock had a trading volume of 114,893 shares, compared to its average volume of 203,335. The company has a debt-to-equity ratio of 3.04, a quick ratio of 2.15 and a current ratio of 2.94. The stock has a market cap of £62.89 million, a PE ratio of 14.86 and a beta of 1.03. M.T.I Wireless Edge has a one year low of GBX 34.50 ($0.45) and a one year high of GBX 70.90 ($0.92). The firm's 50 day moving average price is GBX 54.44 and its two-hundred day moving average price is GBX 48.60.

M.T.I Wireless Edge Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, April 11th. Stockholders of record on Thursday, March 27th will be given a dividend of $0.03 per share. This represents a dividend yield of 4.39%. This is a boost from M.T.I Wireless Edge's previous dividend of $0.03. The ex-dividend date of this dividend is Thursday, March 27th. M.T.I Wireless Edge's dividend payout ratio is presently 50.97%.

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.