Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report) shares dropped 13.3% on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 302,746 shares changed hands 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 Price Performance
The company has a 50-day moving average of C$0.07 and a 200-day moving average of 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 stock has a market cap of C$16.52 million, a price-to-earnings 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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