MTI Wireless Edge Ltd. (MWE)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

52.50p
   
  • Change Today:
      1.50p
  • 52 Week High: 68.50
  • 52 Week Low: 36.00
  • Currency: UK Pounds
  • Shares Issued: 85.95m
  • Volume: 27,650
  • Market Cap: £45.12m
  • RiskGrade: 267
  • Beta: 0.01

MTI Wireless Edge receives 'significant repeat order' from Israeli client

By Iain Gilbert

Date: Wednesday 12 Feb 2025

LONDON (ShareCast) - (Sharecast News) - Technology firm MTI Wireless Edge said on Wednesday that its antenna division has received "a significant repeat order" from a system house in Israel for the manufacture of military antennas.
MTI Wireless said the contract was worth a total of approximately $4.0m, which were expected to be delivered up until 30 June 2026.

Chief executive Moni Borovitz said: "We are thrilled with this repeat manufacturing order as it is one of the largest orders we have ever received and demonstrates our ability to deliver high-quality services and innovative solutions to meet our clients' needs. The order entails the supply of state-of-the-art antennas and is integral to an end use which is considered to be one of the most advanced systems of its kind in the world. The antennas are designed to deliver unmatched accuracy and robust communication, leveraging our sophisticated and complex production technology.

"This win and others like it, add to our growing reputation for providing highly innovative antenna solutions and we look forward to continuing to work closely with defence companies from around the world."

As of 1105 GMT, MTI Wireless shares had rallied 7.90% to 52.33p.









Reporting by Iain Gilbert at Sharecast.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 52.50p
Change Today 1.50p
% Change 2.94 %
52 Week High 68.50
52 Week Low 36.00
Volume 27,650
Shares Issued 85.95m
Market Cap £45.12m
Beta 0.01
RiskGrade 267

MWE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.28% below the market average67.28% below the market average67.28% below the market average67.28% below the market average67.28% below the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Price Trend
71.05% above the market average71.05% above the market average71.05% above the market average71.05% above the market average71.05% above the market average
76.00% above the sector average76.00% above the sector average76.00% above the sector average76.00% above the sector average76.00% above the sector average
Income
73.70% above the market average73.70% above the market average73.70% above the market average73.70% above the market average73.70% 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
28.31% below the market average28.31% below the market average28.31% below the market average28.31% below the market average28.31% below the market average
58.33% below the sector average58.33% below the sector average58.33% below the sector average58.33% below the sector average58.33% below the sector average

MWE Dividends

  Latest Previous
  Final Final
Ex-Div 27-Mar-25 21-Mar-24
Paid 11-Apr-25 11-Apr-24
Amount 3.30¢ 3.10¢

Trades for 06-Jun-2025

Time Volume / Share Price
13:24 3,000 @ 51.55p
11:02 4,730 @ 52.85p
09:32 314 @ 52.85p
09:31 5,089 @ 52.85p
09:03 5,000 @ 52.70p

MWE Key Personnel

CEO Moshe Borovitz

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