Edgewater Wireless Systems (CVE:YFI) Stock Price Down 12.5% – What’s Next?

Edgewater Wireless Systems Inc. (CVE:YFIGet Free Report)’s share price fell 12.5% on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.07. 238,235 shares traded hands during mid-day trading, a decline of 31% from the average session volume of 346,266 shares. The stock had previously closed at C$0.08.

Edgewater Wireless Systems Price Performance

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. The firm has a 50 day simple moving average of C$0.05 and a 200-day simple moving average of C$0.05.

Edgewater Wireless Systems Company Profile

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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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