Edgewater Wireless Systems (CVE:YFI) Trading Down 12.5% – Should You Sell?

Shares of Edgewater Wireless Systems Inc. (CVE:YFI) were down 12.5% during mid-day trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.07. Approximately 238,235 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 346,766 shares. The stock had previously closed at C$0.08.

Edgewater Wireless Systems Stock Up 7.1 %

The company’s fifty day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05. The firm has a market capitalization of C$14.80 million, a PE 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.