Edgewater Wireless Systems (CVE:YFI) Shares Down 16.7% – Should You Sell?

Edgewater Wireless Systems Inc. (CVE:YFI)’s share price traded down 16.7% during trading on Saturday . The stock traded as low as C$0.05 and last traded at C$0.05. 154,000 shares traded hands during mid-day 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 Stock Down 16.7%

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 company has a fifty day simple moving average of C$0.06 and a 200 day simple moving average of C$0.06. The firm has a market capitalization of C$12.70 million, a P/E ratio of -68.30 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.