Edgewater Wireless Systems (CVE:YFI) Stock Price Up 21.4% – What’s Next?

Edgewater Wireless Systems Inc. (CVE:YFI) shares traded up 21.4% on Monday . The stock traded as high as C$0.10 and last traded at C$0.09. 320,485 shares traded hands during mid-day trading, an increase of 52% from the average session volume of 211,040 shares. The stock had previously closed at C$0.07.

Edgewater Wireless Systems Price Performance

The company’s fifty day simple moving average is C$0.06 and its 200-day simple moving average is C$0.05. The firm has a market capitalization of C$14.80 million, a PE 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.