ParkerVision Inc. (PRKR) Sets New 52-Week High at $8.18
ParkerVision Inc. (NASDAQ:PRKR) shares reached a new 52-week high on Monday . The stock traded as high as $8.18 and last traded at $6.27, with a volume of 5,731,810 shares. The stock had previously closed at $3.56.
Separately, Zacks Investment Research upgraded shares of ParkerVision from a “sell” rating to a “hold” rating in a research note on Thursday, June 30th.
The company’s 50-day moving average price is $3.46 and its 200 day moving average price is $2.92. The company’s market cap is $71.89 million.
ParkerVision (NASDAQ:PRKR) last released its earnings results on Monday, May 16th. The company reported ($0.45) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.29) by $0.16. During the same period in the previous year, the firm earned ($0.60) EPS. Equities research 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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