Shares of Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report) shot up 21.4% during trading on Monday . The company traded as high as C$0.10 and last traded at C$0.09. 320,485 shares changed 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 Stock Up 21.4 %
The company has a 50-day moving average price of C$0.06 and a 200-day moving average price of C$0.05. The firm has a market capitalization of C$16.77 million, a price-to-earnings 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.
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