M.T.I Wireless Edge (LON:MWE) Stock Crosses Above 200 Day Moving Average - Should You Sell?

Shares of M.T.I Wireless Edge Ltd. (LON:MWE - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 49.03 ($0.63) and traded as high as GBX 57 ($0.74). M.T.I Wireless Edge shares last traded at GBX 55.05 ($0.71), with a volume of 183,264 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a "house stock" rating on shares of M.T.I Wireless Edge in a research report on Monday, March 17th.

M.T.I Wireless Edge Stock Down 1.9 %

The company's 50 day simple moving average is GBX 54.81 and its 200-day simple moving average is GBX 49.19. 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 firm has a market capitalization of £56.53 million, a PE ratio of 13.35 and a beta of 1.03.

M.T.I Wireless Edge Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, April 11th. Investors of record on Thursday, March 27th will be given a $0.03 dividend. This represents a dividend yield of 4.39%. The ex-dividend date is Thursday, March 27th. 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 (DPR) is 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.