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Sequans Communications S.A ADR (NYSE: SQNS) closed the day trading at $1.47 up 14.83% from the previous closing price of $1.28. In other words, the price has increased by $14.83 from its previous closing price. On the day, 1.27 million shares were traded. SQNS stock price reached its highest trading level at $1.48 during the session, while it also had its lowest trading level at $1.28.
Ratios:
For a better understanding of SQNS, let’s look at its different ratios. 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 37510872 and an Enterprise Value of 328712672. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 0.76. 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 0.42, which has changed by 0.13076925 over the last 52 weeks, in comparison to a change of 0.12632763 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 -18.44%, while the 200-Day Moving Average is calculated to be -40.03%.
Shares Statistics:
Over the past 3-months, SQNS traded about 332.22K shares per day on average, while over the past 10 days, SQNS traded about 1867870 shares per day. 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 0.08, 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
