Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report)’s share price dropped 13.3% on Thursday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 302,746 shares changed hands during mid-day 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 Price Performance
The business’s 50 day moving average is C$0.07 and its two-hundred day moving average is C$0.05. The company has a debt-to-equity ratio of -18.34, a quick ratio of 0.04 and a current ratio of 0.09. The firm has a market capitalization of C$19.06 million, a PE ratio of -102.45 and a beta of 2.05.
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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