Edgewater Wireless Systems (CVE:YFI) Shares Down 5.9% – Here’s Why

Edgewater Wireless Systems Inc. (CVE:YFIGet Free Report) traded down 5.9% on Friday . The company traded as low as C$0.07 and last traded at C$0.08. 133,001 shares traded hands during trading, a decline of 67% from the average session volume of 407,937 shares. The stock had previously closed at C$0.09.

Edgewater Wireless Systems Trading Down 11.8 %

The company has a 50 day moving average of C$0.05 and a 200-day moving average of C$0.04. The firm has a market capitalization of C$14.80 million, a P/E ratio of -4.00 and a beta of 2.05.

About Edgewater Wireless Systems

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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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