Edgewater Wireless Systems (CVE:YFI) Stock Price Up 21.4% – Here’s Why

Edgewater Wireless Systems Inc. (CVE:YFIGet Free Report)’s stock price rose 21.4% during mid-day trading on Monday . The stock traded as high as C$0.10 and last traded at C$0.09. Approximately 320,485 shares were traded during trading, an increase of 52% from the average daily volume of 211,040 shares. The stock had previously closed at C$0.07.

Edgewater Wireless Systems Trading Down 6.3 %

The company has a 50-day simple moving average of C$0.06 and a 200 day simple moving average of C$0.05. The company has a market cap of C$14.80 million, a P/E ratio of -4.00 and a beta of 2.05.

About Edgewater Wireless Systems

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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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