Shares of 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 were traded 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 Trading Down 13.3 %
The company’s 50-day moving average is C$0.07 and its 200 day moving average is C$0.05. The company has a current ratio of 0.09, a quick ratio of 0.04 and a debt-to-equity ratio of -18.34. The firm has a market cap of C$16.52 million, a PE ratio of -88.79 and a beta of 2.05.
Edgewater Wireless Systems Company Profile
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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