ParkerVision Inc. (PRKR) Shares Down 4.5%
ParkerVision Inc. (NASDAQ:PRKR) traded down 4.5% during trading on Monday . The stock traded as low as $6.36 and last traded at $6.39, with a volume of 218,590 shares changing hands. The stock had previously closed at $6.69.
Separately, Zacks Investment Research upgraded ParkerVision from a “sell” rating to a “hold” rating in a report on Wednesday, July 20th.
The company’s 50 day moving average is $4.22 and its 200-day moving average is $3.21. The stock’s market capitalization is $75.16 million.
ParkerVision (NASDAQ:PRKR) last issued its earnings results on Monday, May 16th. The company reported ($0.45) earnings per share for the quarter, missing the consensus estimate of ($0.29) by $0.16. During the same quarter in the prior year, the firm posted ($0.60) earnings per share. Analysts expect that ParkerVision Inc. will post ($0.86) EPS for the current year.
ParkerVision, Inc is engaged in the designing, developing and marketing of its radio frequency (RF) technologies and products. The Company’s business is focused on the development and marketing of its RF technologies for mobile and other wireless applications. Its products include a modulator/demodulator component that incorporates its technologies, as well as a small number of supporting components that are used in the assembly of wireless devices.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.