Edgewater Wireless Systems (CVE:YFI) Stock Price Down 13.3% – Time to Sell?

Edgewater Wireless Systems Inc. (CVE:YFI) shares dropped 13.3% during mid-day trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 302,746 shares changed hands during trading, an increase of 94% from the average daily volume of 156,164 shares. The stock had previously closed at C$0.08.

Edgewater Wireless Systems Trading Up 15.4 %

The company has a 50 day moving average of C$0.07 and a 200-day moving average of C$0.05. The company has a debt-to-equity ratio of -18.34, a quick ratio of 0.04 and a current ratio of 0.09. The stock has a market cap of C$19.06 million, a price-to-earnings ratio of -102.45 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.