ParkerVision, Inc. (NASDAQ:PRKR) has been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports.
Brokerages have set a 1-year consensus target price of $12.00 for the company, according to Zacks. Zacks has also given ParkerVision an industry rank of 239 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research downgraded shares of ParkerVision from a “hold” rating to a “sell” rating in a research report on Friday, November 24th.
ParkerVision (NASDAQ:PRKR) traded down $0.02 during trading on Friday, reaching $0.82. 45,133 shares of the company were exchanged, compared to its average volume of 235,808. The company has a market capitalization of $16.15, a P/E ratio of -0.68 and a beta of 1.82. ParkerVision has a 1-year low of $0.78 and a 1-year high of $3.80. The company has a current ratio of 1.03, a quick ratio of 0.63 and a debt-to-equity ratio of -1.71.
ParkerVision Company Profile
ParkerVision, Inc is engaged in the designing, developing and marketing of its radio frequency (RF) technologies and products. The Company’s business is focused on the development and marketing of its RF technologies for mobile and other wireless applications. Its products include a modulator/demodulator component that incorporates its technologies, as well as a small number of supporting components that are used in the assembly of wireless devices.
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