Parkervision (PRKR) Catches Eye: Stock Rises 6.1% – Tale of the Tape

Zacks

Parkervision Inc. (PRKR) was a big mover last session, with shares rising over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the past one month’s volatile price range of $4.16 to $4.79.

This manufacturer of proprietary radio frequency technologies and products has seen no estimate revision in the last 7 days. The Zacks Consensus Estimate hasn’t been in trend either. Friday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

Parkervision currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Better-ranked stocks in the broader technology sector include Skyworks Solutions Inc. (SWKS), Nidec Corp. (NJ) and Polypore International Inc. (PPO). All three stocks sport a Zacks Rank #1 (Strong Buy).

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