Edgewater Wireless Systems (CVE:YFI) Hits New 52-Week Low – Here’s What Happened

Edgewater Wireless Systems Inc. (CVE:YFI) shares reached a new 52-week low during trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 99490 shares. The stock had previously closed at C$0.05.

Edgewater Wireless Systems Stock Performance

The firm has a 50-day simple moving average of C$0.05 and a 200-day simple moving average of C$0.05. 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 stock has a market cap of C$10.73 million, a PE ratio of -4.50 and a beta of -0.18.

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. 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.