Sequans Communications S.A ADR (SQNS) vs. Its Peers: A Comparison

Additionally, the 36-month beta value for SQNS is 0.24. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

The public float for SQNS is 57.30M and currently, short sellers hold a 1.14% ratio of that float. The average trading volume of SQNS on April 03, 2024 was 511.70K shares.

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SQNS) stock’s latest price update

The stock price of Sequans Communications S.A ADR (NYSE: SQNS) has jumped by 9.65 compared to previous close of 0.35. Despite this, the company has seen a fall of -15.72% in its stock price over the last five trading days. Newsfile Corp reported 2023-07-24 that Tuesday, August 8, 2023 at 8:00 a.m. ET Paris, France–(Newsfile Corp. – July 24, 2023) – Sequans Communications S.A.

SQNS’s Market Performance

SQNS’s stock has fallen by -15.72% in the past week, with a monthly drop of -45.14% and a quarterly drop of -86.43%. The volatility ratio for the week is 15.76% while the volatility levels for the last 30 days are 11.97% for Sequans Communications S.A ADR The simple moving average for the past 20 days is -24.95% for SQNS’s stock, with a -84.26% simple moving average for the past 200 days.

Analysts’ Opinion of SQNS

Many brokerage firms have already submitted their reports for SQNS stocks, with B. Riley Securities repeating the rating for SQNS by listing it as a “Neutral.” The predicted price for SQNS in the upcoming period, according to B. Riley Securities is $3.03 based on the research report published on August 08, 2023 of the previous year 2023.

Needham, on the other hand, stated in their research note that they expect to see SQNS reach a price target of $9, previously predicting the price at $11. The rating they have provided for SQNS stocks is “Buy” according to the report published on June 24th, 2021.

B. Riley FBR gave a rating of “Buy” to SQNS, setting the target price at $12 in the report published on May 18th of the previous year.

SQNS Trading at -77.02% from the 50-Day Moving Average

After a stumble in the market that brought SQNS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -87.07% of loss for the given period.

Volatility was left at 11.97%, however, over the last 30 days, the volatility rate increased by 15.76%, as shares sank -47.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -86.57% lower at present.

During the last 5 trading sessions, SQNS fell by -15.72%, which changed the moving average for the period of 200-days by -82.47% in comparison to the 20-day moving average, which settled at $0.4944. In addition, Sequans Communications S.A ADR saw -86.43% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for SQNS

Current profitability levels for the company are sitting at:

  • -0.89 for the present operating margin
  • 0.67 for the gross margin

The net margin for Sequans Communications S.A ADR stands at -1.22. The total capital return value is set at -11.46. Equity return is now at value -419.01, with -39.48 for asset returns.

Based on Sequans Communications S.A ADR (SQNS), the company’s capital structure generated 1.09 points at debt to capital in total, while cash flow to debt ratio is standing at -0.11. The debt to equity ratio resting at -12.11. The interest coverage ratio of the stock is -4.29.

Currently, EBITDA for the company is -18.07 million with net debt to EBITDA at -3.18. When we switch over and look at the enterprise to sales, we see a ratio of 2.68. The receivables turnover for the company is 1.43for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.35.

Conclusion

In conclusion, Sequans Communications S.A ADR (SQNS) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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