Edgewater Wireless Systems (CVE:YFI) Hits New 1-Year Low – What’s Next?

Edgewater Wireless Systems Inc. (CVE:YFI)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 236111 shares. The stock had previously closed at C$0.05.

Edgewater Wireless Systems Price Performance

The stock has a market capitalization of C$11.93 million, a P/E ratio of -5.00 and a beta of -0.41. The company has a debt-to-equity ratio of -18.34, a current ratio of 0.09 and a quick ratio of 0.04. The company’s 50-day simple moving average is C$0.05 and its 200-day simple moving average is C$0.05.

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. 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.