MTI Wireless Edge Ltd. (MWE)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

 42.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 52.50
  • 52 Week Low: 31.00
  • Currency: UK Pounds
  • Shares Issued: 87.51m
  • Volume: 28,153
  • Market Cap: £36.75m
  • 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 42.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 52.50
52 Week Low 31.00
Volume 28,153
Shares Issued 87.51m
Market Cap £36.75m
RiskGrade 267

MWE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
59.08% below the market average59.08% below the market average59.08% below the market average59.08% below the market average59.08% below the market average
75% below the sector average75% below the sector average75% below the sector average75% below the sector average75% below the sector average
Price Trend
10.91% below the market average10.91% below the market average10.91% below the market average10.91% below the market average10.91% below the market average
7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average
Income
63.45% above the market average63.45% above the market average63.45% above the market average63.45% above the market average63.45% above the market average
75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average
Growth
39.15% below the market average39.15% below the market average39.15% below the market average39.15% below the market average39.15% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% 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 26-Apr-2024

Time Volume / Share Price
14:47 2,500 @ 41.89p
13:33 9,514 @ 41.95p
13:31 6,000 @ 41.41p
12:49 5,109 @ 41.95p
12:24 5,000 @ 41.95p

MWE Key Personnel

CEO Moshe Borovitz

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