Edgewater Wireless Systems (CVE:YFI) Stock Price Down 14.3% – Here’s What Happened

Edgewater Wireless Systems Inc. (CVE:YFI) shares fell 14.3% on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. 150,167 shares were traded during mid-day trading, an increase of 18% from the average session volume of 127,683 shares. The stock had previously closed at C$0.07.

Edgewater Wireless Systems Stock Down 14.3 %

The stock has a fifty day moving average of C$0.07 and a two-hundred day moving average of 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 stock has a market cap of C$15.24 million, a price-to-earnings ratio of -81.96 and a beta of 2.05.

Edgewater Wireless Systems Company Profile

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.