ParkerVision, Inc. (PRKR) Reaches $0.72 52-Week Low; OUTOKUMPO OY ORDINARY SHARES (OUTFF) Shorts Up By 36.57%

May 15, 2018 - By Stephen Andrade

Outokumpu Oyj (OTCMKTS:OUTFF) Logo

The stock of ParkerVision, Inc. (NASDAQ:PRKR) hit a new 52-week low and has $0.67 target or 7.00% below today’s $0.72 share price. The 8 months bearish chart indicates high risk for the $17.36M company. The 1-year low was reported on May, 15 by Barchart.com. If the $0.67 price target is reached, the company will be worth $1.21M less. The stock decreased 1.37% or $0.01 during the last trading session, reaching $0.72. About 42,927 shares traded. ParkerVision, Inc. (NASDAQ:PRKR) has declined 52.27% since May 15, 2017 and is downtrending. It has underperformed by 63.82% the S&P500.

OUTOKUMPO OY ORDINARY SHARES (OTCMKTS:OUTFF) had an increase of 36.57% in short interest. OUTFF’s SI was 3.01 million shares in May as released by FINRA. Its up 36.57% from 2.20 million shares previously. With 100 avg volume, 30076 days are for OUTOKUMPO OY ORDINARY SHARES (OTCMKTS:OUTFF)’s short sellers to cover OUTFF’s short positions. The SI to OUTOKUMPO OY ORDINARY SHARES’s float is 1.17%. It closed at $6.68 lastly. It is down 0.00% since May 15, 2017 and is . It has underperformed by 11.55% the S&P500.

Outokumpu Oyj produces and sells various stainless steel products worldwide. The company has market cap of $2.84 billion. The firm offers coils and sheets, quarto plates, bars, precision strips, rebars, welded pipes, and wire rods, as well as semi-finished products comprising cast billets and blooms, rolled and forged billets, cast slabs, and ingots. It currently has negative earnings. It serves the architecture, building, and infrastructure; automotive and transportation; catering, food, and beverage; home appliances; chemical; heating, cooling, and ventilation; gas and oil; pulp and paper; and energy and heavy industries.

ParkerVision, Inc. designs, develops, and markets proprietary radio frequency technologies for use in wireless communication products in the United States. The company has market cap of $17.36 million. The Company’s technology applies to transmit and receive functions of transmitters, receivers, and transceivers, as well as other related RF communications functions. It currently has negative earnings. The transmit portion of the technology, Direct2Power, enables the transformation of a baseband data signal to an RF carrier waveform, at the desired power output level, in a single unified operation; and the receiver portion of the technology, Direct2Data, enables the direct conversion of an RF carrier to a baseband data signal, as well as enables the direct conversion of a baseband signal to a modulated RF carrier signal.

More news for ParkerVision, Inc. (NASDAQ:PRKR) were recently published by: Nasdaq.com, which released: “Milo Wifi to be Featured on ‘Designing Spaces’, Airing on Lifetime” on May 10, 2018. Nasdaq.com‘s article titled: “ParkerVision to Host First Quarter 2018 Conference Call and Webcast on May 15 at 4:30 PM ET” and published on May 09, 2018 is yet another important article.

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