Shares of Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report) dropped 11.8% on Friday . The stock traded as low as C$0.07 and last traded at C$0.08. Approximately 200,001 shares were traded during trading, a decline of 59% from the average daily volume of 486,937 shares. The stock had previously closed at C$0.09.
Edgewater Wireless Systems Trading Down 11.8 %
The company has a market capitalization of C$14.80 million, a PE ratio of -4.00 and a beta of 2.05. The firm has a fifty day moving average of C$0.05 and a two-hundred day moving average 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.
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