Sequans Communications S.A ADR [NYSE: SQNS] jumped around 66128.07 points on Monday, while shares priced at $66130.0 at the close of the session, up 14108424%.
Sequans Communications S.A ADR stock is now 40.04% up from its year-to-date (YTD) trading value. SQNS Stock saw the intraday high of $2.33 and lowest of $1.49 per share. The company’s 52-week high price is 4.28, which means current price is +21.01% above from all time high which was touched on 01/23/25.
Compared to the average trading volume of 66.13K shares, SQNS reached a trading volume of 14108424 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Sequans Communications S.A ADR [SQNS]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SQNS shares is $7.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SQNS stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
B. Riley Securities have made an estimate for Sequans Communications S.A ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 08, 2023. While these analysts kept the previous recommendation, Needham raised their target price from $11 to $9. The new note on the price target was released on June 24, 2021, representing the official price target for Sequans Communications S.A ADR stock. Previously, the target price had yet another raise to $12, while B. Riley FBR analysts kept a Buy rating on SQNS stock. On August 01, 2018, analysts decreased their price target for SQNS shares from 3 to 2.50.
The Price to Book ratio for the last quarter was 0.86, with the Price to Cash per share for the same quarter was set at 1.81.
How has SQNS stock performed recently?
Sequans Communications S.A ADR [SQNS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.70. With this latest performance, SQNS shares dropped by -8.24% in over the last four-week period, additionally sinking by -43.58% over the last 6 months – not to mention a drop of -52.15% in the past year of trading.
Sequans Communications S.A ADR [SQNS]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Sequans Communications S.A ADR [SQNS] shares currently have an operating margin of -64.50% and a Gross Margin at 69.62%. Sequans Communications S.A ADR’s Net Margin is presently recorded at 158.42%.
Return on Equity for this stock inclined to 58.24%, with Return on Assets sitting at 58.24%.
Insider trade positions for Sequans Communications S.A ADR [SQNS]
There are presently around $65.38%, or 69.48%% of SQNS stock, in the hands of institutional investors. The top three institutional holders of SQNS stocks are: B. RILEY ASSET MANAGEMENT, LLC with ownership of 10.04 million shares, which is approximately 1.6209%. LYNROCK LAKE LP, holding 8.68 million shares of the stock with an approximate value of $$4.36 million in SQNS stocks shares; and LYNROCK LAKE LP, currently with $$2.38 million in SQNS stock with ownership which is approximately 0.7634%.
