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

Edgewater Wireless Systems Inc. (CVE:YFI) shares fell 12.5% during mid-day trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04. 127,000 shares were traded during mid-day trading, a decline of 19% from the average session volume of 156,850 shares. The stock had previously closed at C$0.04.

Edgewater Wireless Systems Stock Performance

The company has a market capitalization of C$9.57 million, a price-to-earnings ratio of -4.44 and a beta of -0.80. The stock has a 50-day moving average price of C$0.05 and a 200-day moving average price of C$0.05. The company has a debt-to-equity ratio of -36.64, a current ratio of 0.32 and a quick ratio of 0.04.

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.