Edgewater Wireless Systems (CVE:YFI) Shares Down 16.7% – Here’s What Happened

Edgewater Wireless Systems Inc. (CVE:YFIGet Free Report)’s share price traded down 16.7% during trading on Saturday . The company traded as low as C$0.05 and last traded at C$0.05. 154,000 shares traded hands during trading, an increase of 10% from the average session volume of 139,369 shares. The stock had previously closed at C$0.06.

Edgewater Wireless Systems Price Performance

The company has a debt-to-equity ratio of -18.34, a current ratio of 0.09 and a quick ratio of 0.04. The stock has a market cap of C$12.70 million, a price-to-earnings ratio of -68.30 and a beta of 2.05. The stock has a fifty day moving average of C$0.06 and a 200 day moving average of C$0.06.

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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