Sequans Communications S.A ADR (NYSE:SQNS) has a beta value of 0.48 and has seen 11.68 million shares traded in the recent trading session. The company, currently valued at $48.24M, closed the recent trade at $66130.0 per share which meant it gained $66128.07 on the day or 11684491% during that session. The SQNS stock price is 99.99% off its 52-week high price of $4.28 and 100.0% above the 52-week low of $0.95. If we look at the company’s 10-day average daily trading volume, we find that it stood at 65410.0 shares traded. The 3-month trading volume is 66.13K shares.
The consensus among analysts is that Sequans Communications S.A ADR (SQNS) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
Sequans Communications S.A ADR (NYSE:SQNS) trade information
Over the past 30 days, the shares of Sequans Communications S.A ADR (NYSE:SQNS) have changed 4.40%. Short interest in the company has seen 22869.0 shares shorted with days to cover at 0.26.
Wall Street analysts have a consensus price target for the stock at $7, which means that the shares’ value could drop -944614.29% from the levels at last check today.. The projected low price target is $7.0 while the price target rests at a high of $7.0. In that case, then, we find that the latest price level in today’s session is 99.99% off the targeted high while a plunge would see the stock lose 99.99% from the levels at last check today..
Sequans Communications S.A ADR (SQNS) estimates and forecasts
The company’s shares have lost -35.81% over the past 6 months.
SQNS Dividends
Sequans Communications S.A ADR is expected to release its next earnings report on 2025-May-06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Sequans Communications S.A ADR (NYSE:SQNS)’s Major holders
Insiders own 5.90% of the company shares, while shares held by institutions stand at 65.38% with a share float percentage of 69.48%. Investors are also buoyed by the number of investors in a company, with Sequans Communications S.A ADR having a total of 33.0 institutions that hold shares in the company. The top two institutional holders are B. RILEY ASSET MANAGEMENT, LLC with over 10.04 million shares worth more than $5.02 million. As of 2024-06-30, B. RILEY ASSET MANAGEMENT, LLC held 1.6209% of shares outstanding.
The other major institutional holder is LYNROCK LAKE LP, with the holding of over 8.68 million shares as of 2024-06-30. The firm’s total holdings are worth over $4.36 million and represent 1.4016% of shares outstanding.
