ParkerVision Inc. (PRKR) Trading Up 3.8%
ParkerVision Inc. (NASDAQ:PRKR)’s share price was up 3.8% during trading on Friday . The stock traded as high as $5.05 and last traded at $4.94, with a volume of 70,392 shares changing hands. The stock had previously closed at $4.76.
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 $5.09 and its 200-day moving average is $3.49. The company’s market cap is $57.42 million.
ParkerVision (NASDAQ:PRKR) last announced its earnings results on Monday, August 15th. The company reported ($0.72) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.45) by $0.27. During the same period last year, the company earned ($0.50) EPS. Equities analysts forecast that ParkerVision Inc. will post ($1.55) 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.