The stock of ParkerVision, Inc. (NASDAQ:PRKR) is a huge mover today! About 121,877 shares traded hands or 134.52% up from the average. ParkerVision, Inc. (NASDAQ:PRKR) has declined 22.86% since April 18, 2016 and is downtrending. It has underperformed by 27.29% the S&P500.
The move comes after 6 months positive chart setup for the $38.98M company. It was reported on Nov, 18 by Barchart.com. We have $6.95 PT which if reached, will make NASDAQ:PRKR worth $53.79 million more.
According to Zacks Investment Research, “ParkerVision, Inc. operates two segments – the Video Products Division and the Wireless Technology Division. The Video Division is engaged in the design, development and marketing of automated video camera control systems, marketed under the tradename CameraMan and automated production systems, marketed under the tradename PVTV Studio. The Wireless Division is engaged in the development and initial commercialization of its Direct2Data, or D2D, technology.”
More recent ParkerVision, Inc. (NASDAQ:PRKR) news were published by: Reuters.com which released: “BRIEF-Parkervision Inc files for mixed shelf of upto $15 million” on November 14, 2016. Also Seekingalpha.com published the news titled: “ParkerVision Continues To Look Strong After Conference Call” on November 18, 2016. Quotes.Wsj.com‘s news article titled: “Parkervision Inc. PRKR (US: Nasdaq)” with publication date: February 11, 2011 was also an interesting one.
PRKR Company Profile
ParkerVision, Inc., incorporated on August 24, 1989, is engaged in the designing, developing and marketing of its radio frequency (RF) technologies and products. The Company’s products are used in wireless communication products and applications. The Company’s business is focused on the development and marketing of its RF technologies for mobile and other wireless applications. The Company’s technologies represent methods for processing RF waveforms in wireless applications. The Company’s 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) and enables the transformation of a baseband data signal to an RF carrier waveform, at the RF power output level. 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. This technology is also referred to as energy transfer sampling down conversion and/or pulse-shaping up conversion.
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