ParkerVision Inc. (PRKR) Trading Down 4.1%
ParkerVision Inc. (NASDAQ:PRKR) shares traded down 4.1% during trading on Monday . The company traded as low as $5.73 and last traded at $5.80, with a volume of 55,839 shares traded. The stock had previously closed at $6.05.
Separately, Zacks Investment Research raised shares of ParkerVision from a “sell” rating to a “hold” rating in a research report on Thursday, June 30th.
The company’s market cap is $68.86 million. The stock’s 50 day moving average is $4.59 and its 200-day moving average is $3.33.
ParkerVision (NASDAQ:PRKR) last posted its quarterly earnings results on Monday, May 16th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.29) by $0.16. During the same period last year, the firm earned ($0.60) EPS. Equities analysts predict that ParkerVision Inc. will post ($0.86) EPS for the current fiscal 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.
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