Shares of ParkerVision, Inc. (NASDAQ:PRKR) rose 4.3% on Tuesday . The stock traded as high as $1.11 and last traded at $0.88. Approximately 352,064 shares changed hands during trading, an increase of 30% from the average daily volume of 271,760 shares. The stock had previously closed at $0.92.
Separately, Zacks Investment Research upgraded shares of ParkerVision from a “sell” rating to a “hold” rating in a research report on Thursday, January 4th.
The company has a current ratio of 1.03, a quick ratio of 0.63 and a debt-to-equity ratio of -1.71. The company has a market cap of $16.94, a PE ratio of -0.71 and a beta of 1.91.
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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