Is it Time to Dump ParkerVision, Inc. (PRKR) Stock After it Is Higher By 11.11% in a Week?

Tuesday, June 28, 2022 11:49 AM | InvestorsObserver Analysts

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Is it Time to Dump ParkerVision, Inc. (PRKR) Stock After it Is Higher By 11.11% in a Week?

Overall market sentiment has been high on ParkerVision, Inc. (PRKR) stock lately. PRKR receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

ParkerVision, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PRKR!

See Full PRKR Report

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With PRKR Stock Today?

ParkerVision, Inc. (PRKR) stock is flat -2.44% while the S&P 500 is lower by -1% as of 11:31 AM on Tuesday, Jun 28. PRKR is flat $0.00 from the previous closing price of $0.21 on volume of 54,087 shares. Over the past year the S&P 500 has fallen -10.01% while PRKR is lower by -86.11%. PRKR lost -$0.13 per share in the over the last 12 months.

More About ParkerVision, Inc.

Parkervision Inc is in the business of innovating fundamental wireless technologies. The company designs, develop, and markets its proprietary radio frequency technologies and products for use in semiconductor circuits for mobile and other wireless applications. It also markets a consumer distributed WiFi product line under the brand name Milo. The company derives revenue from licensing of its intellectual property, settlements from patent infringement disputes, sales of products, and engineering services. Click Here to get the full Stock Report for ParkerVision, Inc. stock.