Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report)’s share price dropped 16.7% on Saturday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 154,000 shares were traded during mid-day trading, an increase of 10% from the average daily volume of 139,369 shares. The stock had previously closed at C$0.06.
Edgewater Wireless Systems Stock Performance
The business’s fifty day moving average price is C$0.06 and its two-hundred day moving average price is C$0.06. 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 stock has a market capitalization of C$12.70 million, a P/E ratio of -68.30 and a beta of 2.05.
About Edgewater Wireless Systems
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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