Sequans Communications (SQNS) in Focus: Stock Moves 8.7% Higher
Sequans Communications S.A.SQNS was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 35.5% in the past one-month time frame.
The company has seen a mixed track record when it comes to estimate revision of no increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Sequans Communications currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
Sequans Communications S.A. Price
Sequans Communications S.A. Price | Sequans Communications S.A. Quote
A better-ranked stock in the Computer and Technology sector is SMART Global Holdings, Inc. SGH, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is SQNS going up? Or down? Predict to see what others think: Up or Down
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Sequans Communications S.A. (SQNS) : Free Stock Analysis Report
SMART Global Holdings, Inc. (SGH) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
