Edgewater Wireless Systems (CVE:YFI) Hits New 12-Month Low – Should You Sell?
by Amy Steele · The Cerbat GemEdgewater Wireless Systems Inc. (CVE:YFI – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 99490 shares. The stock had previously closed at C$0.05.
Edgewater Wireless Systems Stock Performance
The firm’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.05. The stock has a market capitalization of C$10.73 million, a P/E ratio of -4.50 and a beta of -0.18. The company has a quick ratio of 0.04, a current ratio of 0.09 and a debt-to-equity ratio of -18.34.
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. It also offers spectral surveillance architecture. The company was formerly known as KIK Polymers Inc and changed its name to Edgewater Wireless Systems Inc in January 2012.