ParkerVision (PRKR) : 1 analysts are covering ParkerVision (PRKR) and their average rating on the stock is 1, which is read as a Strong Buy. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels.
For this week, the average consensus of the company shares are rated as a Strong Buy. ParkerVision (NASDAQ:PRKR): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $5.83 and $5.83 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $6.05. The buying momentum continued till the end and the stock did not give up its gains. It closed at $6.01, notching a gain of 3.98% for the day. The total traded volume was 79,930 . The stock had closed at $5.78 on the previous day.
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.