Shares of Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report) were up 21.4% during mid-day trading on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.09. Approximately 320,485 shares changed hands during mid-day trading, an increase of 52% from the average daily volume of 211,102 shares. The stock had previously closed at C$0.07.
Edgewater Wireless Systems Stock Performance
The firm’s 50-day simple moving average is C$0.06 and its 200 day simple moving average is C$0.05. The stock has a market capitalization of C$16.77 million, a P/E ratio of -4.00 and a beta of 2.05.
Edgewater Wireless Systems Company Profile
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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