Edgewater Wireless Systems (CVE:YFI) Trading Up 28.6% – Time to Buy?

Edgewater Wireless Systems Inc. (CVE:YFIGet Free Report)’s stock price shot up 28.6% on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. 136,750 shares changed hands during trading, an increase of 25% from the average session volume of 109,173 shares. The stock had previously closed at C$0.04.

Edgewater Wireless Systems Stock Performance

The firm’s 50-day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. The firm has a market cap of C$8.88 million, a PE ratio of -4.00 and a beta of 2.05.

Edgewater Wireless Systems Company Profile

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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.

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