ParkerVision Inc. (PRKR) Trading Down 0.8%
ParkerVision Inc. (NASDAQ:PRKR) was down 0.8% on Tuesday . The company traded as low as $4.70 and last traded at $4.86, with a volume of 54,123 shares. The stock had previously closed at $4.90.
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 firm’s market capitalization is $62.27 million. The firm has a 50 day moving average price of $5.39 and a 200-day moving average price of $3.65.
ParkerVision (NASDAQ:PRKR) last released its quarterly earnings results on Monday, August 15th. The company reported ($0.72) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.45) by $0.27. During the same quarter last year, the business posted ($0.50) EPS. On average, analysts predict that ParkerVision Inc. will post ($1.55) 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.
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