Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report) shares dropped 11.8% during mid-day trading on Friday . The company traded as low as C$0.07 and last traded at C$0.08. Approximately 200,001 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 486,937 shares. The stock had previously closed at C$0.09.
Edgewater Wireless Systems Stock Performance
The firm has a market cap of C$16.77 million, a price-to-earnings ratio of -4.00 and a beta of 2.05. The firm’s 50-day moving average is C$0.05 and its 200-day moving average is C$0.04.
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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