MTI Wireless Edge Ltd. (MWE)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

43.00p
   
  • Change Today:
      0.50p
  • 52 Week High: 50.50
  • 52 Week Low: 31.00
  • Currency: UK Pounds
  • Shares Issued: 87.51m
  • Volume: 41,336
  • Market Cap: £37.63m
  • RiskGrade: 267

MTI Wireless Edge secures new million-dollar contract

By Josh White

Date: Wednesday 09 Aug 2017

LONDON (ShareCast) - (ShareCast News) - Flat panel antenna manufacturer and provider of wireless irrigation solutions, MTI Wireless Edge, announced on Wednesday that it has secured a new contract from an unnamed existing customer for the development and manufacture of an antenna solution for a military application.
The AIM-traded firm said the contract was worth approximately $1million and is expected to be delivered over the next 25 months.

"We are delighted with this contract win, which shows again our advanced technology and development capabilities," said MTI CEO Dov Feiner.

"We believe that this order, from a recurring customer, demonstrates the customer's satisfaction with our service and product, as well as our long-term relationship."

Email this article to a friend

or share it with one of these popular networks:


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 43.00p
Change Today 0.50p
% Change 1.18 %
52 Week High 50.50
52 Week Low 31.00
Volume 41,336
Shares Issued 87.51m
Market Cap £37.63m
RiskGrade 267

MWE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
57.62% below the market average57.62% below the market average57.62% below the market average57.62% below the market average57.62% 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
Price Trend
6.13% below the market average6.13% below the market average6.13% below the market average6.13% below the market average6.13% below the market average
Sector averageSector averageSector averageSector averageSector average
Income
63.57% above the market average63.57% above the market average63.57% above the market average63.57% above the market average63.57% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Growth
37.09% below the market average37.09% below the market average37.09% below the market average37.09% below the market average37.09% below the market average
84% below the sector average84% below the sector average84% below the sector average84% below the sector average84% 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 13-May-2024

Time Volume / Share Price
12:23 294 @ 42.17p
11:10 16,773 @ 42.39p
11:49 1,555 @ 42.94p
11:23 3,463 @ 42.37p
11:17 54 @ 42.37p

MWE Key Personnel

CEO Moshe Borovitz

Top of Page