ParkerVision (OTCMKTS:PRKR) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

by · The Cerbat Gem

Shares of ParkerVision, Inc. (OTCMKTS:PRKR – Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.26 and traded as high as $0.2695. ParkerVision shares last traded at $0.2690, with a volume of 105,503 shares.

ParkerVision Stock Performance

The firm has a 50-day moving average price of $0.25 and a 200-day moving average price of $0.26. The stock has a market cap of $37.56 million, a PE ratio of -2.89 and a beta of 2.45.

ParkerVision Company Profile

(Get Free Report)

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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