Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report)’s stock price shot up 30.8% on Thursday . The stock traded as high as C$0.09 and last traded at C$0.09. 592,500 shares were traded during mid-day trading, an increase of 384% from the average session volume of 122,541 shares. The stock had previously closed at C$0.07.
Edgewater Wireless Systems Price Performance
The company’s 50-day simple moving average is C$0.05 and its 200-day simple moving average is C$0.04. The stock has a market capitalization of C$16.77 million, a P/E 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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