Shares of Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report) fell 13.3% during trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. 302,746 shares traded hands during trading, an increase of 94% from the average session volume of 156,164 shares. The stock had previously closed at C$0.08.
Edgewater Wireless Systems Stock Performance
The stock’s 50-day moving average price is C$0.07 and its 200 day moving average price is C$0.05. The company has a quick ratio of 0.04, a current ratio of 0.09 and a debt-to-equity ratio of -18.34. The company has a market cap of C$19.06 million, a P/E 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.
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