ParkerVision (PRKR) Shares are Down -9.57%

ParkerVision (PRKR) has risen sharply, recording gains of 80.6% in the past 4 weeks. However, the stock has corrected -9.57% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 76.22% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

ParkerVision (NASDAQ:PRKR): The stock opened at $6.03 on Friday but the bulls could not build on the opening and the stock topped out at $6.15 for the day. The stock traded down to $6.00 during the day, due to lack of any buying support eventually closed down at $6.05 with a loss of -0.33% for the day. The stock had closed at $6.07 on the previous day. The total traded volume was 70,102 shares.

The stock has recorded a 20-day Moving Average of 15.59% and the 50-Day Moving Average is 45.17%. Parkervision Inc. is up 111.54% in the last 3-month period. Year-to-Date the stock performance stands at 163.04%.


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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