Edgewater Wireless Systems (CVE:YFI) Trading Down 12.5% – Here’s Why

Shares of Edgewater Wireless Systems Inc. (CVE:YFIGet Free Report) dropped 12.5% on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.07. Approximately 238,235 shares were traded during trading, a decline of 31% from the average daily volume of 346,766 shares. The stock had previously closed at C$0.08.

Edgewater Wireless Systems Trading Up 7.1 %

The firm has a fifty day moving average of C$0.05 and a two-hundred day moving average of C$0.05. The company has a market capitalization of C$14.80 million, a PE ratio of -4.00 and a beta of 2.05.

Edgewater Wireless Systems Company Profile

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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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