Shares of Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report) were down 13.3% on Friday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 302,746 shares traded 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 Stock Down 13.3 %
The firm has a 50 day moving average price of C$0.07 and a 200-day moving average price of C$0.05. The firm has a market cap of C$16.52 million, a price-to-earnings ratio of -88.79 and a beta of 2.05. The company has a debt-to-equity ratio of -18.34, a current ratio of 0.09 and a quick ratio of 0.04.
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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