Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report) dropped 12.5% on Tuesday . The company traded as low as C$0.06 and last traded at C$0.07. Approximately 238,235 shares were traded during trading, a decline of 31% from the average daily volume of 346,266 shares. The stock had previously closed at C$0.08.
Edgewater Wireless Systems Price Performance
The stock has a 50 day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.05. The company has a market cap of C$13.81 million, a price-to-earnings ratio of -4.00 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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