Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report)’s stock price rose 21.4% during trading on Tuesday . The company traded as high as C$0.10 and last traded at C$0.09. Approximately 320,485 shares were traded 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 Price Performance
The firm’s 50 day moving average price is C$0.06 and its two-hundred day moving average price is C$0.05. The firm 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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