ParkerVision, Inc. (OTCMKTS:PRKR – Get Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.26 and traded as high as $0.2970. ParkerVision shares last traded at $0.2910, with a volume of 95,057 shares traded.
ParkerVision Price Performance
The business has a fifty day moving average price of $0.25 and a 200 day moving average price of $0.26. The company has a market capitalization of $42.93 million, a price-to-earnings ratio of -4.85 and a beta of 2.45.
About ParkerVision
ParkerVision, Inc, headquartered in Sarasota, Florida, is a development‐stage company specializing in advanced wireless broadband and mobile communication technologies. The company’s core innovation is its PowerLine digital front‐end architecture, designed to streamline receiver design, lower power consumption and reduce component counts in mobile handsets, tablets and other wireless devices. By leveraging a software‐defined radio approach, ParkerVision’s solutions can support multiple air‐interface standards on a single hardware platform.
The company’s business model is centered on the licensing and enforcement of its intellectual property portfolio.
Further Reading
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