Edgewater Wireless Systems (CVE:YFI) Stock Price Up 15.4% – Time to Buy?

Edgewater Wireless Systems Inc. (CVE:YFIGet Free Report) shares shot up 15.4% during trading on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. 146,421 shares traded hands during trading, an increase of 27% from the average session volume of 114,916 shares. The stock had previously closed at C$0.07.

Edgewater Wireless Systems Stock Up 23.1 %

The company has a quick ratio of 0.04, a current ratio of 0.09 and a debt-to-equity ratio of -18.34. The stock’s 50-day simple moving average is C$0.07 and its 200 day simple moving average is C$0.06. The firm has a market cap of C$20.33 million, a P/E ratio of -109.27 and a beta of 2.05.

Edgewater Wireless Systems Company Profile

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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.

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