Is ParkerVision, Inc. (PRKR) a Stock to Watch After Gaining 2.15% This Week?

Tuesday, January 18, 2022 09:53 AM | InvestorsObserver Analysts

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Is ParkerVision, Inc. (PRKR) a Stock to Watch After Gaining 2.15% This Week?

ParkerVision, Inc. (PRKR) stock has risen 2.15% over the past week and gets a Bullish rating from InvestorsObserver 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?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With PRKR Stock Today?

ParkerVision, Inc. (PRKR) stock is trading at $0.95 as of 4:00 PM on Friday, Jan 14, a drop of -$0.02, or -1.65% from the previous closing price of $0.97. The stock has traded between $0.95 and $1.00 so far today. Volume today is below average. So far 0 shares have traded compared to average volume of 110,127 shares. To see InvestorsObserver's Sentiment Score for ParkerVision, Inc. click here.

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.