Stocks of Sequans Communications S.A ADR (NYSE:SQNS) traded higher last session on Wall Street, up 0.49% to $2.07.
SQNS stock price is now 17.32% away from the 50-day moving average and -14.67% away from the 200-day moving average. The market capitalization of the company currently stands at $52.56M.
With the price target reduced from $6.50 to $3.03, B. Riley Securities Downgraded its rating from Buy to Neutral for Sequans Communications S.A ADR (NYSE: SQNS). On June 24, 2021, Needham reiterated its ‘Buy’ rating on the stock by increasing its target price from $11 to quote $9, while ‘B. Riley FBR’ rates the stock as ‘Buy’
A total of 4.56% of the company’s stock is owned by insiders.
During the past 12 months, Sequans Communications S.A ADR has had a low of $0.95 and a high of $4.28. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 1.94, and a quick ratio of 1.86. The fifty day moving average price for SQNS is $1.7646 and a two-hundred day moving average price translates $2.426 for the stock.
The latest earnings results from Sequans Communications S.A ADR (NYSE: SQNS) was released for 2025-03-31. The net profit margin was 158.42% and return on equity was 378.21% for SQNS. The company reported revenue of $8.05 million for the quarter, compared to $4.77 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 68.74 percent.
