Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report)’s share price dropped 11.8% during trading on Friday . The company traded as low as C$0.07 and last traded at C$0.08. Approximately 188,001 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 480,937 shares. The stock had previously closed at C$0.09.
Edgewater Wireless Systems Price Performance
The company has a fifty day moving average price of C$0.05 and a 200 day moving average price of C$0.04. The stock has a market cap of C$16.77 million, a P/E ratio of -4.00 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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