ParkerVision Inc. (PRKR) Jumps 5.72% on February 16

Equities Staff |

ParkerVision Inc. (PRKR) was among the biggest gainers on the Russell 2000 for Tuesday February 16 as the stock popped 5.72% to $0.19, representing a gain of $0.0103 per share. Some 140,885 shares traded hands on 165 trades, compared with an average daily volume of 459,617 shares out of a total float of 98.88 million. The stock opened at $0.22 and traded with an intraday range of $0.22 to $0.18.

After today's gains, ParkerVision Inc. reached a market cap of $18.82 million. ParkerVision Inc. has had a trading range between $1.12 and $0.15 over the last year, and it had a 50-day SMA of $0.23 and a 200-day SMA of $0.29.

Parkervision Inc is in the business of innovating fundamental wireless technologies. It designs, develops & markets its proprietary radio frequency technologies & products for use in semiconductor circuits for mobile & other wireless applications.

ParkerVision Inc. is based out of Jacksonville, FL and has some 49 employees. Its CEO is Jeffrey L. Parker.

For a complete fundamental analysis analysis of ParkerVision Inc., check out Equities.com’s Stock Valuation Analysis report for PRKR. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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