Edgewater Wireless Systems (CVE:YFI) Trading 21.4% Higher – Should You Buy?

Shares of Edgewater Wireless Systems Inc. (CVE:YFIGet Free Report) were up 21.4% on Tuesday . The company traded as high as C$0.10 and last traded at C$0.09. Approximately 320,485 shares changed hands during trading, an increase of 52% from the average daily volume of 211,102 shares. The stock had previously closed at C$0.07.

Edgewater Wireless Systems Stock Up 21.4 %

The company’s fifty day moving average is C$0.06 and its two-hundred day moving average is C$0.05. The stock has a market cap of C$16.77 million, a price-to-earnings 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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