Edgewater Wireless Systems (CVE:YFI) Stock Price Up 30.8% – Here’s What Happened

Edgewater Wireless Systems Inc. (CVE:YFIGet Free Report)’s stock price rose 30.8% during trading on Thursday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 592,500 shares were traded during mid-day trading, an increase of 384% from the average daily volume of 122,541 shares. The stock had previously closed at C$0.07.

Edgewater Wireless Systems Price Performance

The company’s 50-day moving average price is C$0.05 and its two-hundred day moving average price is C$0.04. The company has a market capitalization of C$16.77 million, a P/E ratio of -4.00 and a beta of 2.05.

Edgewater Wireless Systems Company Profile

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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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