Edgewater Wireless Systems (CVE:YFI) Shares Down 13.3% – What’s Next?

Shares of Edgewater Wireless Systems Inc. (CVE:YFI) traded down 13.3% during mid-day trading on Thursday . The company traded as low as C$0.07 and last traded at C$0.07. 302,746 shares traded hands during mid-day trading, an increase of 94% from the average session volume of 156,164 shares. The stock had previously closed at C$0.08.

Edgewater Wireless Systems Trading Down 13.3 %

The company 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 quick ratio of 0.04 and a current ratio of 0.09. The business’s 50 day moving average price is C$0.07 and its 200-day moving average price is C$0.05.

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.