MTI Wireless Edge Ltd. (MWE)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

 45.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 51.50p
  • 52 Week Low: 31.00p
  • Currency: UK Pounds
  • Shares Issued: 86.30m
  • Volume: 39,137
  • Market Cap: £38.83m
  • 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 45.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 51.50p
52 Week Low 31.00p
Volume 39,137
Shares Issued 86.30m
Market Cap £38.83m
RiskGrade 267

MWE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
14.54% below the market average14.54% below the market average14.54% below the market average14.54% below the market average14.54% below the market average
54.55% above the sector average54.55% above the sector average54.55% above the sector average54.55% above the sector average54.55% above the sector average
Price Trend
25.30% above the market average25.30% above the market average25.30% above the market average25.30% above the market average25.30% 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
80.24% above the market average80.24% above the market average80.24% above the market average80.24% above the market average80.24% 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
35.41% below the market average35.41% below the market average35.41% below the market average35.41% below the market average35.41% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% 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 22-Nov-2024

Time Volume / Share Price
15:30 6,687 @ 44.20p
15:19 1,100 @ 44.68p
13:45 10,766 @ 44.20p
11:29 5,000 @ 44.06p
09:55 14,000 @ 44.21p

MWE Key Personnel

CEO Moshe Borovitz

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