Shares of Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report) rose 15.4% during mid-day trading on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 146,421 shares were traded during trading, an increase of 27% from the average daily volume of 114,916 shares. The stock had previously closed at C$0.07.
Edgewater Wireless Systems Stock Performance
The firm has a fifty day moving average price of C$0.07 and a 200 day moving average price of C$0.06. The company has a debt-to-equity ratio of -18.34, a quick ratio of 0.04 and a current ratio of 0.09. The stock has a market cap of C$19.06 million, a PE ratio of -102.45 and a beta of 2.05.
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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