Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report) shares dropped 11.8% on Friday . The stock traded as low as C$0.07 and last traded at C$0.08. Approximately 200,001 shares changed hands during 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 Price Performance
The stock’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.04. The stock has a market capitalization of C$17.76 million, a PE 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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