Edgewater Wireless Systems (CVE:YFI) Trading 15.4% Higher – Still a Buy?

Edgewater Wireless Systems Inc. (CVE:YFIGet Free Report) shot up 15.4% during trading on Tuesday . The stock traded as high as C$0.08 and last traded at C$0.08. 146,421 shares changed hands during mid-day trading, an increase of 27% from the average session volume of 114,916 shares. The stock had previously closed at C$0.07.

Edgewater Wireless Systems Stock Up 23.1 %

The business’s fifty day moving average is C$0.07 and its two-hundred day moving average is C$0.06. The stock has a market cap of C$20.33 million, a price-to-earnings ratio of -109.27 and a beta of 2.05. 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

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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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