Shares of Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report) traded up 21.4% during mid-day trading on Tuesday . The company traded as high as C$0.10 and last traded at C$0.09. 320,485 shares changed hands during mid-day trading, an increase of 52% from the average session volume of 211,102 shares. The stock had previously closed at C$0.07.
Edgewater Wireless Systems Price Performance
The firm’s fifty day moving average price is C$0.06 and its 200-day moving average price is C$0.05. The company has a market cap of C$16.77 million, a price-to-earnings 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.
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