Shares of Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report) shot up 15.4% during trading on Thursday . The company traded as high as C$0.09 and last traded at C$0.08. 499,500 shares traded hands during mid-day trading, an increase of 308% from the average session volume of 122,541 shares. The stock had previously closed at C$0.07.
Edgewater Wireless Systems Trading Up 30.8 %
The company has a market cap of C$16.77 million, a PE ratio of -4.00 and a beta of 2.05. The firm’s 50-day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.04.
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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