Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report) dropped 13.3% during mid-day trading on Friday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 302,746 shares traded hands during trading, an increase of 94% from the average daily volume of 156,164 shares. The stock had previously closed at C$0.08.
Edgewater Wireless Systems Price Performance
The stock’s fifty day moving average price is C$0.07 and its 200-day moving average price is C$0.05. The firm has a market cap of C$19.06 million, a price-to-earnings ratio of -102.45 and a beta of 2.05. The company has a current ratio of 0.09, a quick ratio of 0.04 and a debt-to-equity ratio of -18.34.
About Edgewater Wireless Systems
Edgewater Wireless Systems Inc develops and commercializes technologies and intellectual property for the wireless communications market in North America. The company provides IP Licensing, Wi-Fi spectrum slicing solutions, dual channel Wi-Fi; wireless access points and associated peripheral equipment and support services; and PowerZoning, a channel power control product for multi-channel single radio Wi-Fi networks.
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