Parkervision Inc (NASDAQ:PRKR) shares traded 15.01% up during most recent session to reach at the closing price of $0.92. The stock exchanged hands 2.8 Million shares versus average trading capacity of 215.78 Million shares, yielding a market cap of $18.75 Million. Wall Street analysts covering the stock are projecting that the stock will reach $12 within the next 52-weeks. The mean target projections are based on 1 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Parkervision Inc (NASDAQ:PRKR) high price target of $12 and with a conservative view have low price target of $12.
On the other hand the company has Relative Strength Index (RSI 14) of 55.27 along with Average True Range (ATR 14) of 0.08, Consequently Parkervision Inc (NASDAQ:PRKR)’s weekly and monthly volatility is 10.97%, 8.11% respectively. The company’s beta value is at 2.
In terms of Buy, Sell or Hold recommendations, Parkervision Inc (NASDAQ:PRKR) has analysts’ mean recommendation of 1. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Parkervision Inc (NASDAQ:PRKR)’s minimum EPS for the current quarter is at $-0.23 and can go high up to $-0.23. The consensus mean EPS for the current quarter is at $-0.23 derived from a total of 1 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.43 earnings per share for the same quarter during last year.
Previously Parkervision Inc (NASDAQ:PRKR) reported $-0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $-0.2 by $-0.04. The company posted an earnings surprise of -20%.
Parkervision Inc (NASDAQ:PRKR)’s revenue estimates for the current quarter are $500 Million according to 1 number of analysts, for the current quarter the company has high revenue estimates of $500 Million in contradiction of low revenue estimates of $500 Million. For the current year the company’s revenue estimates are $500 Million compared to low analyst estimates of $500 Million and high estimates of $500 Million according to 1 number of analysts.
Currently Parkervision Inc (NASDAQ:PRKR)’s shares owned by insiders are 3.5%, whereas shares owned by institutional owners are 14.6%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 9.29%.
Parkervision Inc (NASDAQ:PRKR) 52-week high price stands at $2.95 and low price stands at $0.78, its price distance from 52-week high is -68.81% while its distance from 52-week low price is 17.96%. The stock hit its 52-week high on 04/26/17, and 52-week low on 02/05/18.
Parkervision Inc (NASDAQ:PRKR)’s trailing twelve month revenues are $0, whereas its price to sales ratio for the same period is 100276.14. Its book value per share for the most recent quarter is $-0.46 while its price to book ratio for the same period is 0, as for as the company’s cash per share for the most recent quarter is $0.02, however its price to cash per share ratio for the same period is 37.5. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.