Sequans Communications S.A. (SQNS) Stock: Here’s What’s Happening

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Sequans Communications S.A. (SQNS) is trending up in the market in today’s trading session. The stock, focused in the technology sector, is presently priced at $1.14 after heading up 5.56% so far in today’s session. When it comes to technology companies, there are a number of factors that have the ability to generate movement in the market. News is one of the most common reasons for movement. Here are the most recent stories surrounding SQNS:

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Mar-12-19 08:00AM Sequans Collaborating with Lockheed Martin on World-First LTE over Satellite Solution
Mar-11-19 02:32PM 10 Cheap Tech Stocks to Buy for Under $10
Mar-07-19 08:00AM Sequans Communications Regains Compliance with NYSE Listing Standard
Feb-26-19 03:00AM Sequans Partners with Deutsche Telekom on Integrated SIM for IoT
Feb-25-19 11:30AM Top Tech Stocks in the News

Nonetheless, when making a decision with regard to investing, investors should look at far more than just news, especially in the ever changing technology space. Here’s what’s happening in regard to Sequans Communications S.A..

Returns That SQNS Investors Have Seen

Although a single session gain, like the gain that we’re seeing from Sequans Communications S.A. may cause excitement in some investors, a single session move by itself shouldn’t be the reason for a decision to, or not to, buy a company’s stock. It is always smart to look into trends for a period longer than a single trading session. As it relates to SQNS, here are the movements that we have seen:

  • Past Seven Days – In the last five trading sessions, SQNS has generated a change in price in the amount of 1.79%.
  • Past 30 Days – The ROI from Sequans Communications S.A. throughout the last 30 days has been 15.15%.
  • Past Quarter – Throughout the last 3 months, the stock has generated a return that comes to 15.15%
  • Bi-Annually – In the last 6 months, investors have seen a performance that amounts to -29.63% from the stock.
  • Year To Date – Since the the last trading session of last year SQNS has resulted in a return of 46.15%.
  • Annually – Finally, in the past year, investors have seen performance that comes to -33.72% from SQNS. Throughout this period of time, the stock has traded at a high price of -49.11% and a low price of 52.00%.

Crucial Ratios

Digging into various ratios associated with a company can provide investors a view of how risky and/or potentially profitable a pick might be. Below are some of the important ratios to consider when digging into SQNS.

Short Ratio – The short ratio is a measure of short interest. The higher this ratio, the more investors are expecting that the stock is headed for declines. In general, strong tech stocks tend to have a lower short ratio. However, we also tend to see quite a few short squeezes in the industry. Nonetheless, in relation to Sequans Communications S.A., it’s short ratio amounts to 7.17.

Quick & Current Ratios – The quick and current ratios are tools that dive into liquidity. Basically, they measure the company’s abilities to cover its debts when they come due with only quick assets or current assets. Because in tech, many companies are heavily reliant on continued support from investors as they work to bring new technologies to market, these ratios can be upsetting. However, some better companies in the technology sector come with strong current and quick ratios. As far as SQNS, the quick and current ratios come to 1.30 and 1.60 respectively.  

Book To Share Value – The book to share value ratio compares the value of assets currently owned by the company to the share price. when it comes to Sequans Communications S.A., that ratio is -0.04.

Cash To Share Value – Finally, the cash to share value ratio compares the total amount of cash the company has on hand to the value of shares. As it relates to SQNS, the cash to share value ratio is 0.13.

Big Money And Sequans Communications S.A.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in SQNS, here’s what we’re seeing:

  • Institutional Investors – Currently, institutions hold 44.10% of Sequans Communications S.A.. Nonetheless, it’s worth noting that the ownership held by institutions has seen a move in the amount of -0.09% over the last 3 months.
  • Insider Holdings – with regard to insiders, those close to the company currently own 4.84% of Sequans Communications S.A.. Their ownership of the company has changed by 0.00% in the last quarter.

How Analysts Feel About Sequans Communications S.A.

Although it’s rarely a good idea to unknowingly follow the opinions of analysts, it is a good idea to consider their opinions to validate your own thoughts when it comes to making investment decisions in the technology sector. Below you’ll find the recent moves that we have seen from analysts with regard to SQNS.

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Aug-01-18 Reiterated Needham Buy $3 → $2.50
Feb-14-18 Reiterated B. Riley FBR, Inc. Buy $2.75 → $2.50
Oct-05-17 Reiterated The Benchmark Company Buy $5.50 → $4
Oct-05-17 Reiterated Needham Buy $4 → $3
May-22-17 Reiterated The Benchmark Company Buy $4 → $5.70

What We’ve Seen In Financial Results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.08. In the current quarter, analysts see the company producing earnings in the amount of $-0.08. Over the last 5 years, SQNS has generated revenue in the amount of $24.00% with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of 0 and revenue has seen movement of -46.00%.

A Look At Share Counts

Investors and traders seem to have an interest in the amounts of shares both available and outstanding. In terms of Sequans Communications S.A., currently there are 93.87M with a float of 63.76M. These data mean that of the total of 93.87M shares of SQNS currently in existence today, 63.76M are available to be traded in the public space.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to SQNS, the short percent of the float is 2.24%.

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