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In the latest session, Sequans Communications S.A ADR (NYSE: SQNS) closed at $1.67 down -13.47%% from its previous closing price of $1.93. In other words, the price has decreased by -$13.47% from its previous closing price. On the day, 14.11 million shares were traded.
Ratios:
For a deeper understanding of Sequans Communications S.A ADR’s stock, let’s take a closer look at its various 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.09 while its Price-to-Book (P/B) ratio in mrq is 0.86.
Stock Price History:
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 -9.69%, while the 200-Day Moving Average is calculated to be -32.63%.
Shares Statistics:
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.
