Edgewater Wireless Systems (CVE:YFI) Trading Up 28.6% – What’s Next?

Edgewater Wireless Systems Inc. (CVE:YFIGet Free Report)’s stock price traded up 28.6% during trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. 603,253 shares traded hands during trading, an increase of 344% from the average session volume of 135,950 shares. The stock had previously closed at C$0.04.

Edgewater Wireless Systems Stock Up 28.6%

The company has a market capitalization of C$10.76 million, a P/E ratio of -7.50 and a beta of -0.83. The company has a debt-to-equity ratio of -32.34, a current ratio of 0.15 and a quick ratio of 0.04. The company has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.04.

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. 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.

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