Edgewater Wireless Systems (CVE:YFI) Hits New 1-Year Low – Here’s What Happened

Edgewater Wireless Systems Inc. (CVE:YFIGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 20000 shares. The stock had previously closed at C$0.04.

Edgewater Wireless Systems Stock Performance

The business’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. The company has a debt-to-equity ratio of -36.64, a quick ratio of 0.04 and a current ratio of 0.32. The stock has a market capitalization of C$9.57 million, a P/E ratio of -4.44 and a beta of -0.80.

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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