Sequans Communications S.A ADR (NYSE:SQNS) currently has a daily average trading volume of 4.09M but it saw 3366448 shares traded in last market. With a market cap of 54.59M USD, the company’s current market price of $2.15 came falling about -8.12 while comparing to the previous closing price of $2.34. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.83 and as low as $1.17. In the recent trading on the day, stock has struck highest price mark of $2.11 while lowest mark touched by it was $2.37.
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 -27.61% down while it is 28.74% when we observe its performance for the past one month. Year-to-date it is 85.34% up and over the past year, the stock is showing a downside performance of -38.40%.
Currently, Sequans Communications S.A ADR’s total number of outstanding shares is 25.39M with 4.04% of that held by the insiders while 72.45% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 124.46% and return on equity (ROE) at 378.21%. Stock’s beta reads 0.48. Stock has a price to book (P/B) ratio of 1.11 while price to sale or P/S ratio amounts to 1.41. Its return on asset (ROA) is 58.24% on average.
