Edgewater Wireless Systems Inc. (CVE:YFI – Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 153101 shares changing hands. The stock had previously closed at C$0.03.
Edgewater Wireless Systems Stock Performance
The firm’s 50-day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The company has a debt-to-equity ratio of -36.64, a current ratio of 0.32 and a quick ratio of 0.04. The stock has a market cap of C$8.37 million, a P/E ratio of -3.89 and a beta of -0.94.
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. 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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