27 May, 2017
News articles about Sequans Communications SA (NYSE:SQNS) have been trending somewhat positive on Friday, AlphaOne Sentiment Analysis reports.
Basically, a price target is an individual analyst's projection on the future price of a stock. Sequans Communications S.A. The Company's semiconductor solutions integrate baseband processor and radio frequency (RF) transceiver integrated circuits (ICs) along with its signal processing techniques, algorithms and software stacks. In the broadband data device market, its solutions serve as the wireless communications platform in devices, such as smartphones; Universal Serial Bus (USB) dongles; portable routers; embedded wireless modems for laptops, tablets, and other consumer multimedia devices; and customer-premises equipment, such as fixed wireless access modems, routers and residential gateways.
05/18/2015 - Sequans Communications S.A. was upgraded to "hold" by analysts at Zacks. Benchmark Co. increased their price objective on shares of Sequans Communications SA from $4.00 to $5.70 and gave the company a "buy" rating in a research report on Monday.
During last 5 trades the stock sticks nearly 14.00%.
Among 3 analysts covering Sequans Communications (NYSE:SQNS), 3 have Buy rating, 0 Sell and 0 Hold.
A 52-week high/low is the highest and lowest price that a stock has traded at during the previous year. The firm's market cap is $317.01 million. The share price has moved backward from its 20 days moving average, trading at a distance of -8.79% and stays -8.09% away from its 50 days moving average.
Analysts' mean recommendation for Sequans Communications S.A. (SQNS) stands at 1.80.
Sequans Communications SA (NYSE:SQNS) last issued its quarterly earnings results on Tuesday, May 2nd.
Maximum and minimum EPS estimate for the current quarter is projected at $-0.06 and $-0.07, respectively, according to 5 analysts. The high and low revenue estimates for the current quarter are $14.7 Million and $14 Million, respectively. Comparatively, Sequans Communications S.A. posted earnings of $-0.05 per share in the same quarter past year. The business's revenue for the quarter was up 33.3% on a year-over-year basis. Equities analysts forecast that Sequans Communications SA will post ($0.19) earnings per share for the current fiscal year. If you are reading this news story on another website, it was stolen and republished in violation of USA and worldwide trademark and copyright legislation. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States & worldwide trademark & copyright law. The original version of this article can be viewed at https://www.thestockobserver.com/2017/05/25/granite-point-capital-management-l-p-acquires-shares-of-50000-sequans-communications-sa-sqns.html. Moreover, Drw Securities Llc has 0.51% invested in the company for 81,604 shares. Nokomis Capital L.L.C. raised its stake in shares of Sequans Communications SA by 21.8% in the fourth quarter. Gilder Gagnon Howe & Co. LLC purchased a new position in shares of Sequans Communications SA during the first quarter worth approximately $191,000. Finally, AWM Investment Company Inc. raised its stake in shares of Sequans Communications SA by 77.7% in the third quarter. FNY Partners Fund LP now owns 71,939 shares of the semiconductor company's stock valued at $197,000 after buying an additional 62,439 shares in the last quarter. Finally, Morgan Stanley boosted its position in shares of Sequans Communications SA by 22.1% in the first quarter. Institutional investors and hedge funds own 31.92% of the company's stock.
