Edgewater Wireless Systems (CVE:YFI) Trading Up 15.4% – Here’s What Happened

Edgewater Wireless Systems Inc. (CVE:YFIGet Free Report)’s stock price shot up 15.4% on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. 146,421 shares traded hands during mid-day trading, an increase of 27% from the average session volume of 114,916 shares. The stock had previously closed at C$0.07.

Edgewater Wireless Systems Price Performance

The firm has a market cap of C$19.06 million, a PE ratio of -102.45 and a beta of 2.05. The stock has a 50 day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.06. The company has a debt-to-equity ratio of -18.34, a quick ratio of 0.04 and a current ratio of 0.09.

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.

Further Reading

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