ParkerVision Inc. (PRKR) Trading 3.2% Higher
Shares of ParkerVision Inc. (NASDAQ:PRKR) traded up 3.2% during trading on Wednesday . The stock traded as high as $5.84 and last traded at $5.78, with a volume of 70,843 shares trading hands. The stock had previously closed at $5.60.
Separately, Zacks Investment Research raised shares of ParkerVision from a “sell” rating to a “hold” rating in a research note on Wednesday, July 20th.
The company’s 50 day moving average is $4.71 and its 200 day moving average is $3.36. The stock’s market capitalization is $67.46 million.
ParkerVision (NASDAQ:PRKR) last announced its quarterly earnings data 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 period in the prior year, the firm earned ($0.60) earnings per share. Analysts forecast that ParkerVision Inc. will post ($0.86) earnings per share 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.
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