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Big Mover; ParkerVision Inc. (PRKR)

By Warren Paige

Shares of ParkerVision Inc. (NASDAQ: PRKR), a designer, developer and seller of radio frequency technologies and products for use in semiconductor circuits for wireless communication products, have risen sharply in trading today.

At last check, PRKR shares were trading 7.53% higher at $3 on volume of 1.01 million. The stock touched a new 52-week high of $3.04 in trading today. It has now gained more than 26% in the last three trading sessions.

ParkerVision reported its most recent quarterly results (Q1) back in May. The Jacksonville, Florida-based company reported a net loss of $4.1 million, or $0.06 per share for the first quarter of 2012, compared to a net loss of $3.4 million, or $0.06 per share reported for the same period in 2011.

The increase in net loss was due to a $0.7 million increase in operating expenses arising mainly from litigation expenses.

 

 

 

July 5th, 2012 | Tags: | Category: Hot MicroCaps

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.