PRKR stock: buy or sell?

PRKR stock price: $0.62 8.77% At close on February 21st, 2020

Updated on:
February 21st, 2020

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ParkerVision boosted a super good 8.77% and closed at $0.62. On Tuesday PRKR plummed a spooky -26.67%. Friday was the third climbing session in a row, gaining 29.82%.

ParkerVision, Inc. designs, develops, and markets proprietary radio frequency (RF) technologies for use in wireless communication products in the United States.

Should I buy PRKR stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to choose your own trading strategy that matches with your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Only 1 of our buy setups matches with ParkerVision stock now:

Buy setupElegible
New all-time highNo
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is ParkerVision stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for PRKR stock for the last 30 days.

PRKR stock analysis

Daily outlook

ParkerVision shares boosted 8.77% to $0.62 today.

ParkerVision boosted a super good 8.77% and closed at $0.62. Since SMA100d and SMA200d crossed up on Jan/23, PRKR price climbed $0.13 per share (26.53%). Since price and SMA200d lines crossed up on December, PRKR climbed $0.48 (342.86%). PRKR is retaking the upward trend marking a new rising bottom heading to break out over $0.65.

PRKR stock chart (daily)

Weekly outlook

Shares of ParkerVision rocketed an extraordinary 8.77% this week. Early February PRKR plummed a frightening -21.21% in just one week.

Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $0.65 resistance. By mid January, SMA20w and SMA40w crossed up triggering a rise of 244.44%. Since late December 2019 when PRKR stock price broke up the SMA40w line, it gained $0.49 (376.92%).

PRKR stock chart (weekly)

PRKR stock price history

PRKR stock went public on December 1st, 1993 with a price of $67.501. Since then, PRKR stock declined a -99.10%, with a yearly average of -3.80%.

1: Adjusted price after possible price splits or reverse-splits.

PRKR stock historical price chart

PRKR stock reached 52-week highs on February/19 at $0.65, and all-time highs 2000-10-31 with a price of 564.38.

PRKR stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' PRKR stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not found any price prediction for ParkerVision stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, when ParkerVision published its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will update this report.
PRKR earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2016-Q3-n/a-0.18n/a
2016-Q4-n/a-0.43n/a
2017-Q1-n/a-0.32n/a
2017-Q2-n/a-0.21n/a
2017-Q32017-11-14-0.23-0.24n/a
2017-Q42018-03-29n/a-0.28n/a
2018-Q12018-05-15n/a-0.17n/a
2018-Q22018-08-14n/a-0.16n/a
2018-Q32018-11-14n/an/an/a

Annual financial results

In 2017, ParkerVision annual sales plummed a hair-raising -97.54% to $0.10 M dollars from $4.06 marked in 2016. In line, its earnings margin (compared to revenues) plunged to -19,259.00%, that is $-19.26 million.

To have an updated picture of the financial situation of ParkerVision, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2018-Q3 that can be compared to 2017 fiscal year results. Annual ParkerVision TTM sales up to were $0.22 and income was $-15.12 M dollars. When comparing this TTM figures with the last reported annuality, we can review ParkerVision business evolution since December 2017: Annual turnover up to , compared to lastest yearly report, climbed an amazing 115.00%. Likewise, profit margin (net income/sales) boosted at -19,259.00%.

PRKR annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2015$0.01 M-$-17.08 M-158395.2%-
2016$4.06 M37,601.21%$-21.51 M-529.2%25.97%
2017$0.10 M-97.54%$-19.26 M-19259.0%-10.46%
TTM $0.22 M115.00%$-15.12 M-7034.0%-21.48%

Quarterly financial results

ParkerVision posted million in sales for 2018-Q3, a -100.00% decline compared to previous quarter. Reported quarter income marked M with a profit margin of . Profit margin stayed constant a 0.00% compared to previous quarter when profit margin was -11,815.79%. When comparing sales to same quarter last year, ParkerVision sales marked a neutral movement and remained steady a nan%. Looking back to recent quarterly results, ParkerVision posted 3 negative quarters in a row.
PRKR quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2016-Q3$4.00 M-$-2.33 M-58.2%-
2017-Q4$0.10 M-97.50%$-6.34 M-6343.0%172.23%
2018-Q1$0.08 M-23.00%$-4.29 M-5571.4%-32.37%
2018-Q2$0.04 M-50.65%$-4.49 M-11815.8%4.66%

ParkerVision ownership

When you are planning to buy a stock, it's always worth to check its ownership structure.

ParkerVision shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 4.19% of all shares.

In case of ParkerVision stock, 0.11% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for PRKR stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related stocks:

PRKR
Market cap$20.8 M
Total shares33.6 M
Float shares32.0 M
  - Institutional holdings (%)0.1%
  - Insider holdings (%)4.2%
Shares in short selling0.0%

PRKR summary

Friday, February 21st, 2020
Open$0.60
Close$0.62
Day range$0.50 - $0.62
Previous close$0.57
Session gain8.77%
Average true range$0.12
50d mov avg$0.30
100d mov avg$0.21
200d mov avg$0.17
Daily patternlb02a
Weekly pattern lb02a

ParkerVision performance

To measure stock performance is always good to compare with competitors or related stocks. For ParkerVision, the comparison is made against .
Stock3m6m12m
PRKRParkerVision588.89%342.86%210.00%

ParkerVision competitors

Unfortunately, we could not find any public company that could be defined as ParkerVision competitor. This doesn't mean ParkerVision does not have any competitor in the market, it's just we could not detected it.