MTI Wireless Edge Ltd. (MWE)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

42.67p
   
  • Change Today:
    -0.33p
  • 52 Week High: 49.00
  • 52 Week Low: 31.00
  • Currency: UK Pounds
  • Shares Issued: 87.36m
  • Volume: 0
  • Market Cap: £37.27m
  • RiskGrade: 267

MTI Wireless Edge launches India subsidiary

By Josh White

Date: Friday 21 Jul 2023

LONDON (ShareCast) - (Sharecast News) - Communication and radiofrequency technology specialist MTI Wireless Edge announced the establishment of the MTI Wireless Communication India subsidiary on Friday.
The AIM-traded firm said the move was a strategic response to surging demand for cutting-edge antennas in India's rapidly-evolving 5G cellular market.

It said MTI Wireless Communication India would offer a range of specialised antenna solutions tailored to the unique demands of 5G networks.

"We are thrilled to establish MTI Wireless Communication India and contribute to India's ambitious 5G journey," said chief executive officer Moni Borovitz.

"We are eager to continue to support India's telecom operators, enterprises, and industries in deploying high-performance 5G networks across the nation."

At 1540 BST, shares in MTI Wireless Edge were up 6.92% at 45.44p.

Reporting by Josh White for Shareecast.com.

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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 42.67p
Change Today -0.33p
% Change -0.78 %
52 Week High 49.00
52 Week Low 31.00
Volume 0
Shares Issued 87.36m
Market Cap £37.27m
RiskGrade 267

MWE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
1.78% below the market average1.78% below the market average1.78% below the market average1.78% below the market average1.78% below the market average
58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average
Price Trend
6.56% below the market average6.56% below the market average6.56% below the market average6.56% below the market average6.56% below the market average
15.38% above the sector average15.38% above the sector average15.38% above the sector average15.38% above the sector average15.38% above the sector average
Income
83.33% above the market average83.33% above the market average83.33% above the market average83.33% above the market average83.33% 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
45.1% below the market average45.1% below the market average45.1% below the market average45.1% below the market average45.1% 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 --2024

Time Volume / Share Price
0 @ 0.000p

MWE Key Personnel

CEO Moshe Borovitz

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