ParkerVision, Inc. (OTCMKTS:PRKR – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.26 and traded as high as $0.2748. ParkerVision shares last traded at $0.2650, with a volume of 72,650 shares changing hands.
ParkerVision Stock Up 0.1%
The firm’s 50 day simple moving average is $0.25 and its 200 day simple moving average is $0.26. The company has a market cap of $38.22 million, a price-to-earnings ratio of -2.94 and a beta of 2.45.
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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