News stories about Sequans Communications (NYSE:SQNS) have trended somewhat positive recently, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sequans Communications earned a news impact score of 0.20 on Accern’s scale. Accern also assigned headlines about the semiconductor company an impact score of 47.1624925608748 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Sequans Communications (SQNS) traded up $0.05 during mid-day trading on Friday, hitting $1.65. 136,552 shares of the stock traded hands, compared to its average volume of 380,648. The stock has a market cap of $132.04, a P/E ratio of -4.85 and a beta of 2.32. The company has a debt-to-equity ratio of 4.12, a current ratio of 1.42 and a quick ratio of 1.16. Sequans Communications has a fifty-two week low of $1.44 and a fifty-two week high of $4.75.

Sequans Communications (NYSE:SQNS) last released its quarterly earnings data on Tuesday, February 13th. The semiconductor company reported ($0.08) EPS for the quarter, meeting the consensus estimate of ($0.08). The business had revenue of $11.30 million for the quarter, compared to the consensus estimate of $11.20 million. Sequans Communications had a negative net margin of 54.20% and a negative return on equity of 314.69%. The business’s revenue for the quarter was down 19.3% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.06) EPS. equities analysts forecast that Sequans Communications will post -0.24 earnings per share for the current year.

A number of research analysts have issued reports on the stock. B. Riley cut their price target on shares of Sequans Communications from $2.75 to $2.50 and set a “buy” rating on the stock in a research note on Monday, February 12th. Canaccord Genuity restated a “buy” rating and set a $3.75 price target on shares of Sequans Communications in a research note on Wednesday, January 17th. ValuEngine lowered shares of Sequans Communications from a “sell” rating to a “strong sell” rating in a research note on Thursday. Zacks Investment Research lowered shares of Sequans Communications from a “hold” rating to a “strong sell” rating in a research note on Saturday, January 20th. Finally, Needham & Company LLC restated a “buy” rating and set a $3.00 price target on shares of Sequans Communications in a research note on Monday, January 22nd. Two analysts have rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $3.75.

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About Sequans Communications

Sequans Communications SA is a fabless designer, developer and supplier of fourth Generation long term evolution (4G LTE) semiconductor solutions for wireless broadband applications, with a specific focus on the single-mode device market. Its semiconductor solutions integrate baseband processor and radio frequency (RF) transceiver integrated circuits (ICs) along with its signal processing techniques, algorithms and software stacks.

Insider Buying and Selling by Quarter for Sequans Communications (NYSE:SQNS)

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