Edgewater Wireless Systems (CVE:YFI) Stock Price Down 13.3% – Should You Sell?

Edgewater Wireless Systems Inc. (CVE:YFI)’s stock price dropped 13.3% during trading on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 302,746 shares changed hands during trading, an increase of 94% from the average daily volume of 156,164 shares. The stock had previously closed at C$0.08.

Edgewater Wireless Systems Trading Down 13.3 %

The stock has a market capitalization of C$16.52 million, a P/E ratio of -88.79 and a beta of 2.05. The firm’s 50 day moving average price is C$0.07 and its 200 day moving average price is C$0.05. The company has a debt-to-equity ratio of -18.34, a current ratio of 0.09 and a quick ratio of 0.04.

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.