Is DragonWave, Inc.’s Fuel Running Low? The Stock Just Declined Again

 Is DragonWave, Inc.'s Fuel Running Low? The Stock Just Declined Again

The stock of DragonWave, Inc. (TSE:DWI) is a huge mover today! About 18,319 shares traded hands. DragonWave, Inc. (TSE:DWI) has risen 6.00% since October 1, 2016 and is uptrending. It has outperformed by 2.53% the S&P500.
The move comes after 7 months negative chart setup for the $25.97M company. It was reported on Oct, 31 by We have $4.09 PT which if reached, will make TSE:DWI worth $3.38M less.

DragonWave Inc. is a provider of packet microwave solutions for Internet protocol (IP) networks. The company has a market cap of $25.97 million. The Firm operates through broadband wireless backhaul equipment segment. It currently has negative earnings. The principal application of DragonWave’s products is mobile network backhaul.

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