ParkerVision (PRKR) : Analyst Rating Update

ParkerVision (PRKR) : Zacks Investment Research ranks ParkerVision (PRKR) as 4, which is a Sell recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. The average broker rating of 1 research analysts is 1, which indicates as a Strong Buy.

ParkerVision (NASDAQ:PRKR): The stock opened at $3.30 on Wednesday but the bulls could not build on the opening and the stock topped out at $3.30 for the day. The stock traded down to $3.11 during the day, due to lack of any buying support eventually closed down at $3.14 with a loss of -4.85% for the day. The stock had closed at $3.30 on the previous day. The total traded volume was 14,986 shares.

The company shares have dropped -10.81% from its 1 Year high price. On Jul 30, 2015, the shares registered one year high at $4.80 and the one year low was seen on Dec 15, 2015. The 50-Day Moving Average price is $3.36 and the 200 Day Moving Average price is recorded at $2.88.

ParkerVision, Inc. is engaged in the designing, developing and marketing of its radio frequency (RF) technologies and products. The Companys products are used in semiconductor circuits for wireless communication products. Its business is focused on the development and marketing of its RF technologies for mobile and other wireless applications. Its technologies represent among other things, methods for processing RF waveforms in wireless applications. Its technologies apply to both transmit and receive functions of transmitters, receivers, and transceivers, as well as other related RF communications functions. A portion of its transmit technology is marketed as Direct2Power (d2p). A portion of its receiver technology is marketed as Direct2Data (d2d) and enables the direct conversion of an RF carrier to a baseband data signal.

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