MTI Wireless Edge Ltd. (MWE)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

45.50p
   
  • Change Today:
    -0.50p
  • 52 Week High: 49.50
  • 52 Week Low: 31.00
  • Currency: UK Pounds
  • Shares Issued: 87.46m
  • Volume: 151,275
  • Market Cap: £39.79m
  • RiskGrade: 267

MTI sells Russian operation to local manager

By Josh White

Date: Tuesday 22 Mar 2022

LONDON (ShareCast) - (Sharecast News) - Radio frequency technology company MTI Wireless Edge announced the disposal of its Russian operations on Tuesday.

The AIM-traded firm said, following the board's decision to exit its business unit in Russia, it had sold its holding in the operation for a "de minimis" amount.

It said the purchaser is the general manager of the Russian operations.

"The MTI board does not expect this sale to have any significant profit [or] loss impact on MTI," the company said in its short announcement.

At 1358 GMT, shares in MTI Wireless Edge were down 3.28% at 66.25p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

MWE Market Data

Currency UK Pounds
Share Price 45.50p
Change Today -0.50p
% Change -1.09 %
52 Week High 49.50
52 Week Low 31.00
Volume 151,275
Shares Issued 87.46m
Market Cap £39.79m
RiskGrade 267

MWE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
14.27% below the market average14.27% below the market average14.27% below the market average14.27% below the market average14.27% below the market average
65.22% above the sector average65.22% above the sector average65.22% above the sector average65.22% above the sector average65.22% above the sector average
Price Trend
6.90% above the market average6.90% above the market average6.90% above the market average6.90% above the market average6.90% above the market average
23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average
Income
80.88% above the market average80.88% above the market average80.88% above the market average80.88% above the market average80.88% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
45.21% below the market average45.21% below the market average45.21% below the market average45.21% below the market average45.21% below the market average
68% below the sector average68% below the sector average68% below the sector average68% below the sector average68% below the sector average

MWE Dividends

  Latest Previous
  Final Final
Ex-Div 21-Mar-24 23-Mar-23
Paid 11-Apr-24 06-Apr-23
Amount 3.10¢ 3.00¢

Trades for 28-May-2024

Time Volume / Share Price
15:02 25,000 @ 45.50p
14:41 3,531 @ 45.65p
14:21 2,000 @ 45.05p
12:30 25,000 @ 45.00p
12:34 11,500 @ 44.98p

MWE Key Personnel

CEO Moshe Borovitz

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