Edgewater Wireless Systems (CVE:YFI) Trading Down 14.3% – Should You Sell?

Edgewater Wireless Systems Inc. (CVE:YFIGet Free Report) shares traded down 14.3% during trading on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. 150,167 shares changed hands during trading, an increase of 18% from the average session volume of 127,683 shares. The stock had previously closed at C$0.07.

Edgewater Wireless Systems Trading Down 14.3 %

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 business’s fifty day moving average is C$0.07 and its two-hundred day moving average is C$0.05. The firm has a market cap of C$15.24 million, a price-to-earnings ratio of -81.96 and a beta of 2.05.

About Edgewater Wireless Systems

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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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