ParkerVision, Inc. (OTCMKTS:PRKR – Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred 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 trading hands.
ParkerVision Stock Performance
The company has a market cap of $42.93 million, a price-to-earnings ratio of -4.85 and a beta of 2.45. The firm’s 50-day moving average price is $0.25 and its 200 day moving average price is $0.26.
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.
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