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The price of Sequans Communications S.A ADR (NYSE: SQNS) closed at $2.07 in the last session, up 0.49% from day before closing price of $2.06. In other words, the price has increased by $0.49 from its previous closing price. On the day, 5.6 million shares were traded. SQNS stock price reached its highest trading level at $2.21 during the session, while it also had its lowest trading level at $1.93.
Ratios:
We take a closer look at SQNS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.86 and its Current Ratio is at 1.94. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on August 08, 2023, Downgraded its rating to Neutral and sets its target price to $3.03 from $6.50 previously.
On June 24, 2021, Needham reiterated its Buy rating and also upped its target price recommendation from $11 to $9.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SQNS now has a Market Capitalization of 52821432 and an Enterprise Value of 328712672. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.35 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 8.459 whereas that against EBITDA is -14.999.
Stock Price History:
The Beta on a monthly basis for SQNS is 0.39, which has changed by 0.47857141 over the last 52 weeks, in comparison to a change of 0.12153554 over the same period for the S&P500. Over the past 52 weeks, SQNS has reached a high of $4.28, while it has fallen to a 52-week low of $0.95. The 50-Day Moving Average of the stock is 17.32%, while the 200-Day Moving Average is calculated to be -14.67%.
Shares Statistics:
According to the various share statistics, SQNS traded on average about 1.85M shares per day over the past 3-months and 9987810 shares per day over the past 10 days. A total of 25.39M shares are outstanding, with a floating share count of 24.23M. Insiders hold about 4.56% of the company’s shares, while institutions hold 60.80% stake in the company. Shares short for SQNS as of 1749772800 were 25866 with a Short Ratio of 0.01, compared to 1747267200 on 20437. Therefore, it implies a Short% of Shares Outstanding of 25866 and a Short% of Float of 0.21.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The current rating of Sequans Communications S.A ADR (SQNS) is the result of assessments by 1.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is -$0.24, with high estimates of -$0.24 and low estimates of -$0.24.
Analysts are recommending an EPS of between -$0.94 and -$0.94 for the fiscal current year, implying an average EPS of -$0.94. EPS for the following year is -$0.32, with 1.0 analysts recommending between -$0.32 and -$0.32.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $8.5M. It ranges from a high estimate of $8.5M to a low estimate of $8.5M. As of the current estimate, Sequans Communications S.A ADR’s year-ago sales were $9.68MFor the next quarter, 1 analysts are estimating revenue of $7.7M. There is a high estimate of $7.7M for the next quarter, whereas the lowest estimate is $7.7M.
A total of 1 analysts have provided revenue estimates for SQNS’s current fiscal year. The highest revenue estimate was $34.3M, while the lowest revenue estimate was $34.3M, resulting in an average revenue estimate of $34.3M. In the same quarter a year ago, actual revenue was $36.76MBased on 1 analysts’ estimates, the company’s revenue will be $62.9M in the next fiscal year. The high estimate is $62.9M and the low estimate is $62.9M.
