Edgewater Wireless Systems (CVE:YFI) Shares Up 15.4% – Still a Buy?

Edgewater Wireless Systems Inc. (CVE:YFIGet Free Report)’s stock price shot up 15.4% during trading on Thursday . The company traded as high as C$0.09 and last traded at C$0.08. 499,500 shares were traded during mid-day trading, an increase of 308% from the average session volume of 122,541 shares. The stock had previously closed at C$0.07.

Edgewater Wireless Systems Price Performance

The stock has a market capitalization of C$16.77 million, a P/E ratio of -4.00 and a beta of 2.05. The company has a fifty day moving average of C$0.05 and a two-hundred day moving average of C$0.04.

Edgewater Wireless Systems Company Profile

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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.

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