ParkerVision (PRKR) Hits New 12-Month Low at $1.01
ParkerVision, Inc. (NASDAQ:PRKR) reached a new 52-week low during trading on Friday . The stock traded as low as $1.01 and last traded at $1.04, with a volume of 129700 shares traded. The stock had previously closed at $1.04.
Separately, Zacks Investment Research raised shares of ParkerVision from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th.
The company has a quick ratio of 0.63, a current ratio of 1.03 and a debt-to-equity ratio of -1.71. The firm has a market capitalization of $20.48, a PE ratio of -0.85 and a beta of 2.02.
An institutional investor recently raised its position in ParkerVision stock. ING Groep NV boosted its position in ParkerVision, Inc. (NASDAQ:PRKR) by 154.2% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 64,300 shares of the semiconductor company’s stock after purchasing an additional 39,000 shares during the period. ING Groep NV owned about 0.34% of ParkerVision worth $102,000 as of its most recent SEC filing. 10.79% of the stock is currently owned by institutional investors and hedge funds.
ParkerVision Company Profile
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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