ParkerVision, Inc. (OTCMKTS:PRKR – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.26 and traded as high as $0.2968. ParkerVision shares last traded at $0.27, with a volume of 115,736 shares trading hands.
ParkerVision Stock Down 5.6%
The firm has a market capitalization of $37.62 million, a price-to-earnings ratio of -2.83 and a beta of 2.45. The company has a fifty day moving average price of $0.25 and a two-hundred day moving average price of $0.26.
ParkerVision Company Profile
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.
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