Edgewater Wireless Systems (CVE:YFI) Reaches New 52-Week Low – What’s Next?

Edgewater Wireless Systems Inc. (CVE:YFIGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 925912 shares traded. The stock had previously closed at C$0.04.

Edgewater Wireless Systems Stock Performance

The stock’s 50 day moving average price is C$0.04 and its 200 day moving average price is C$0.05. The company has a current ratio of 0.32, a quick ratio of 0.04 and a debt-to-equity ratio of -36.64. The company has a market cap of C$9.57 million, a price-to-earnings ratio of -4.44 and a beta of -0.94.

About Edgewater Wireless Systems

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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. 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.

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