Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report)’s stock price was down 12.5% during mid-day trading on Friday . The company traded as low as C$0.04 and last traded at C$0.04. 113,000 shares traded hands during trading, a decline of 16% from the average daily volume of 134,059 shares. The stock had previously closed at C$0.04.
Edgewater Wireless Systems Trading Down 12.5%
The stock has a market capitalization of C$8.37 million, a P/E ratio of -3.89 and a beta of -0.80. The company has a current ratio of 0.15, a quick ratio of 0.04 and a debt-to-equity ratio of -32.34. The business has a 50-day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04.
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. It also offers spectral surveillance architecture. The company was formerly known as KIK Polymers Inc and changed its name to Edgewater Wireless Systems Inc in January 2012.
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