ParkerVision, Inc. (PRKR) Reaches $1.05 Yearly Low; Tri-continental (TY) Sentiment Is 1.11

January 14, 2018 - By Vivian Park

Tri-Continental Corporation is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. The company has market cap of $1.57 billion. It primarily invests in the public equity markets of the United States. It has a 6.28 P/E ratio. The fund invests in stocks of companies that operate across diversified sectors.

The stock of ParkerVision, Inc. (NASDAQ:PRKR) hit a new 52-week low and has $0.99 target or 5.00% below today’s $1.05 share price. The 7 months bearish chart indicates high risk for the $20.58M company. The 1-year low was reported on Jan, 14 by Barchart.com. If the $0.99 price target is reached, the company will be worth $1.03 million less. The stock increased 1.46% or $0.015 during the last trading session, reaching $1.045. About 336,534 shares traded or 90.08% up from the average. ParkerVision, Inc. (NASDAQ:PRKR) has declined 22.18% since January 14, 2017 and is downtrending. It has underperformed by 38.88% the S&P500.

The stock increased 0.04% or $0.01 during the last trading session, reaching $27.6. About 97,074 shares traded or 58.02% up from the average. Tri-Continental Corporation (TY) has risen 18.43% since January 14, 2017 and is uptrending. It has outperformed by 1.73% the S&P500.

Blue Bell Private Wealth Management Llc holds 7.31% of its portfolio in Tri-Continental Corporation for 598,880 shares. Bulldog Investors Llc owns 263,957 shares or 1.96% of their US portfolio. Moreover, Cornerstone Advisors Inc has 1.25% invested in the company for 422,478 shares. The Illinois-based Rivernorth Capital Management Llc has invested 0.75% in the stock. Dubuque Bank & Trust Co, a Iowa-based fund reported 168,231 shares.

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 $20.58 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>