PRKR stock: buy or sell?
June 17th, 2020
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?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, ParkerVision stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is ParkerVision stock a buy?
Financial institutions and banks publish stock ratings everyday.Unfortunately, we couldn't detect any rating for PRKR stock for the last month.
PRKR stock analysis
ParkerVision soared an excellent 2.08% and closed at $0.49.
Shares of ParkerVision ended today at $0.49 and soared an excellent 2.08%. Since Friday when SMA50d and SMA100d crossed up, PRKR price slipped $-0.03 per share (-5.77%). Since price and SMA100d lines crossed up on April, PRKR climbed $0.17 (53.13%).
After boosting an exceptional 9.62% in a week last week, ParkerVision closed this week at $0.49 and plummed a chilling -5.77%.
If you observe the weekly chart, price is in a simple uptrend, tested $0.41 level and now climbing back aiming its last top at $0.64. Since mid January when SMA20w and SMA40w crossed up, PRKR price gained $0.31 per share (172.22%). Since late December 2019 when PRKR stock price broke up the SMA40w line, it gained $0.36 (276.92%).
PRKR stock price history
PRKR stock went public on December 1st, 1993 with a price of $67.501. Since then, PRKR stock declined a -99.30%, 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 at $0.65, and all-time highs 2000-10-31 with a price of 564.38.
PRKR stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. 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 ShareAfter presenting its last earnings report , ParkerVision . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2016, last anual revenues report draw a hair-raising decrease of -97.54% to $0.10 M USD. When comparing 2017 vs 2016, aligned with this, profit margin (that is, the net income divided by revenues) plunged a -18,729.76% to -19,259.00%. To have an up to date view 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. If we compare this TTM figures with the last reported annuality, we can esteem ParkerVision business evolution since December 2017: Annual revenues up to , compared to lastest yearly report, skyrocketed a dazzling 115.00%. Regarding profit margin, ParkerVision boosted 12,225.05% to -19,259.00%
|2015||$0.01 M||-||$-17.08 M-158395.2%||-|
|2016||$4.06 M||37,601.21%||$-21.51 M-529.2%||25.97%|
|2017||$0.10 M||-97.54%||$-19.26 M-19259.0%||-10.46%|
|TTM||$0.22 M||115.00%||$-15.12 M-7034.0%||-21.48%|
Quarterly financial resultsParkerVision reported M in sales for 2018-Q3, a -100.00% decline compared to previous quarter. Reported quarter earnings marked M with a profit margin of . Profit margin remained steady a 0.00% compared to previous quarter when profit margin was -11,815.79%. When comparing revenues to same quarter last year, ParkerVision sales marked a tight move and stayed constant a nan%. Looking back to recent quarterly results, ParkerVision posted 3 negative quarters in a row.
|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 ownershipReviewing ParkerVision ownership structure gives valuable information about the company and its governance (insider ownership) or the amount of investors that are on the short side.
ParkerVision shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 3.18% of all shares.
In case of ParkerVision stock, 6.26% 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 companies:
|Market cap||$22.0 M|
|Total shares||44.9 M|
|Float shares||41.7 M|
|- Institutional holdings (%)||6.3%|
|- Insider holdings (%)||3.2%|
|Shares in short selling||0.0%|
|Wednesday, June 17th, 2020|
|Day range||$0.47 - $0.50|
|Average true range||$0.06|
|50d mov avg||$0.45|
|100d mov avg||$0.44|
|200d mov avg||$0.29|
ParkerVision performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare ParkerVision performance to :