MTI Wireless Edge Ltd. (MWE)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

50.00p
   
  • Change Today:
    -1.50p
  • 52 Week High: 68.50p
  • 52 Week Low: 36.00p
  • Currency: UK Pounds
  • Shares Issued: 85.95m
  • Volume: 135,584
  • Market Cap: £42.97m
  • RiskGrade: 267
  • Beta: 0.00

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 50.00p
Change Today -1.50p
% Change -2.91 %
52 Week High 68.50p
52 Week Low 36.00p
Volume 135,584
Shares Issued 85.95m
Market Cap £42.97m
Beta 0.00
RiskGrade 267

MWE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
72.24% below the market average72.24% below the market average72.24% below the market average72.24% below the market average72.24% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
54.07% above the market average54.07% above the market average54.07% above the market average54.07% above the market average54.07% above the market average
52.00% above the sector average52.00% above the sector average52.00% above the sector average52.00% above the sector average52.00% above the sector average
Income
74.76% above the market average74.76% above the market average74.76% above the market average74.76% above the market average74.76% 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
37.64% below the market average37.64% below the market average37.64% below the market average37.64% below the market average37.64% 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

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 02-Apr-2025

Time Volume / Share Price
16:29 10,000 @ 50.22p
15:56 3,972 @ 50.24p
15:48 5,000 @ 49.10p
13:40 27,759 @ 50.00p
15:17 8,089 @ 49.45p

MWE Key Personnel

CEO Moshe Borovitz

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