Shares of Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report) shot up 21.4% on Monday . The company traded as high as C$0.10 and last traded at C$0.09. 320,485 shares traded hands during trading, an increase of 52% from the average session volume of 211,102 shares. The stock had previously closed at C$0.07.
Edgewater Wireless Systems Stock Down 6.3 %
The firm’s 50 day simple moving average is C$0.06 and its 200-day simple moving average is C$0.05. The company has a market capitalization of C$14.80 million, a PE ratio of -4.00 and a beta of 2.05.
About Edgewater Wireless Systems
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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