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 Wireless Edge launches India subsidiary

By Josh White

Date: Friday 21 Jul 2023

LONDON (ShareCast) - (Sharecast News) - Communication and radiofrequency technology specialist MTI Wireless Edge announced the establishment of the MTI Wireless Communication India subsidiary on Friday.
The AIM-traded firm said the move was a strategic response to surging demand for cutting-edge antennas in India's rapidly-evolving 5G cellular market.

It said MTI Wireless Communication India would offer a range of specialised antenna solutions tailored to the unique demands of 5G networks.

"We are thrilled to establish MTI Wireless Communication India and contribute to India's ambitious 5G journey," said chief executive officer Moni Borovitz.

"We are eager to continue to support India's telecom operators, enterprises, and industries in deploying high-performance 5G networks across the nation."

At 1540 BST, shares in MTI Wireless Edge were up 6.92% at 45.44p.

Reporting by Josh White for Shareecast.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 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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