Edgewater Wireless Systems (CVE:YFI) Reaches New 52-Week Low – Here’s What Happened

Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report)’s share price reached a new 52-week low on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 5000 shares changing hands. The stock had previously closed at C$0.05.

Edgewater Wireless Systems Price Performance

The company has a market cap of C$10.71 million, a price-to-earnings ratio of -4.09 and a beta of -0.18. The company has a fifty day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.06. The company has a quick ratio of 0.04, a current ratio of 0.09 and a debt-to-equity ratio of -18.34.

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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