Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report)’s share price dropped 12.5% during trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.07. Approximately 238,235 shares traded hands during trading, a decline of 31% from the average daily volume of 346,766 shares. The stock had previously closed at C$0.08.
Edgewater Wireless Systems Stock Performance
The company’s 50-day moving average price is C$0.05 and its 200 day moving average price is C$0.05. The stock has a market capitalization of C$13.81 million, a PE ratio of -4.00 and a beta of 2.05.
About Edgewater Wireless Systems
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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