Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report) dropped 12.5% during trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.04. 115,285 shares traded hands during mid-day trading, a decline of 19% from the average daily volume of 142,258 shares. The stock had previously closed at C$0.04.
Edgewater Wireless Systems Stock Up 14.3%
The company has a market capitalization of C$9.57 million, a P/E ratio of -4.44 and a beta of -0.80. 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 stock’s fifty day moving average is C$0.04 and its 200 day moving average is 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. 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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