Edgewater Wireless Systems (CVE:YFI) Sets New 12-Month High – Time to Buy?

Shares of Edgewater Wireless Systems Inc. (CVE:YFIGet Free Report) hit a new 52-week high on Wednesday . The company traded as high as C$0.09 and last traded at C$0.07, with a volume of 454911 shares trading hands. The stock had previously closed at C$0.08.

Edgewater Wireless Systems Price Performance

The stock’s fifty day simple moving average is C$0.06 and its 200 day simple moving average is C$0.05. The firm has a market capitalization of C$15.78 million, a P/E 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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