Sequans Communications S.A ADR (NYSE:SQNS) currently has a daily average trading volume of 1.61M but it saw 1033138 shares traded in last market. With a market cap of 69.63M USD, the company’s current market price of $1.12 came rising about 14.87 while comparing to the previous closing price of $0.98. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.97 and as low as $0.34. In the recent trading on the day, stock has struck highest price mark of $0.9501 while lowest mark touched by it was $1.14.
Taking a look at 20-day trading activity of Sequans Communications S.A ADR (SQNS) gives us an average price of $0.7767, while its current price level is -62.29% below from 52-week high level whereas it is 227.77% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.6195 while that of 200 days or SMA-200 reads an average of $1.3178. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.47% during that period while stretching the period over a month that increases to 11.45%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 71.80 which implies that the stock is in overbought territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the B. Riley Securities which downgraded the stock as “Neutral” in its note to investors issued on August 08, 2023, recommending a price target of between $6.50 and $3.03 for it. B. Riley FBR issued its recommendations for the stock as it resumed the price target for the stock is $12.
Over the week, SQNS’s stock price is moving 9.80% up while it is 113.01% when we observe its performance for the past one month. Year-to-date it is -60.42% down and over the past year, the stock is showing a downside performance of -60.00%.
Currently, Sequans Communications S.A ADR’s total number of outstanding shares is 61.57M. Company’s return on equity (ROE) at -419.01%. Stock’s beta reads 0.25. Stock has a price to sale or P/S ratio amounts to 2.46. Its return on asset (ROA) is -34.55% on average.
