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How to Buy Sequans Communications Stock

Sequans Communications

Sequans Communications is a semiconductor company located in France, which is part of the Technology sector, and is traded under the ticker SQNS on the NYSE exchange.

Sequans Communications stock last closed at $0.56, down 1.58% from the previous day, and has decreased 75.97% in one year. It has underperformed other stocks in the Semiconductors industry by 1.04 percentage points. Sequans Communications stock is currently +63.74% from its 52-week low of $0.34, and -81.14% from its 52-week high of $2.97.

As of Apr 15, 2024, there are 246.26M SQNS shares outstanding. The market value of SQNS is $34.48M. In the last 24 hours, 205,078 SQNS shares were traded.

How to Buy Sequans Communications Stock

Wondering how to invest in Sequans Communications stock? Here's how.
  1. Decide where to buy Sequans Communications stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Sequans Communications stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Choose your method of payment and add your info.
  4. Analyze Sequans Communications stock: The Sequans Communications ticker symbol is SQNS. Is Sequans Communications stock a good investment? Should you buy shares of SQNS? How do SQNS's underlying business fundamentals look? Do top analysts think Sequans Communications is a good buy? Why has SQNS's stock price moved recently? (Hint: Our stock market analysis website can help you decide if SQNS is a good stock to buy).
  5. Place your SQNS purchase: Decide if you will purchase SQNS shares at the current market price or use a limit order to purchase SQNS stock at a given price.
  6. Keep tabs on your SQNS investment: Create a watchlist to get the latest news on your new investment in Sequans Communications stock.

Step 1: Decide where to buy Sequans Communications stock

You will need a brokerage account to access the NYSE market and buy SQNS shares.

A brokerage account enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've selected the best brokerage, you need to fill out some personal information so you can invest in SQNS today.

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Step 3: Deposit money your investment account

Now that you have finished signing up on one of the most highly reviewed stock apps, your next step is to transfer the money for your investment:

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Step 4: Analyze Sequans Communications stock

Once you have figured out the best place to buy Sequans Communications stock, it's very important to research their stock prior to buying, so you truly wrap your head around the risk and upside.

Sequans Communications Numbers

SQNS Price
$0.56
1w %
1.63%
1y %
-75.97%
5y %
-87.27%
P/E
N/A
P/B
-5.79x
P/S
1.03x
PEG
N/A
Revenue
$33.62M
Earnings
-$41.04M
Fore. Rev. Growth
35.05%
Fore. Earn. Growth
N/A
Market Cap
$34.48M
Next Earnings
May 1, 2024
Next Dividend
N/A

Sequans Communications Fundamentals

WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis.

You can view all of the due diligence checks on SQNS's stock page.

What is the fair value of SQNS stock?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SQNS's intrinsic value.

You can do more valuation analysis on SQNS's stock here.

SQNS Financials at a glance

Passed Financial Due Diligence Checks:

  • There are more short-term assets than long-term liabilities on the SQNS balance sheet.

Failed Financial Due Diligence Checks:

  • SQNS has $5.71M in cash and short term investments. This is not sufficient to cover its annual cash burn of $36.84M.
  • Total SQNS debt is still negative.
  • There are more short-term liabilities than short-term assets on the SQNS balance sheet.
  • SQNS has cash burn of 36839000. It does not have enough cash and short-term investments to cover this.
  • SQNS debt to equity ratio of -19.33 is negative.
  • SQNS profit margin has gone down from -14.9% to -122.1% in the past year.

You can dive deeper into what analysts are projecting on the Sequans Communications stock forecast page.

SQNS Trading Indicators

SMA10
0.52
SMA20
0.48
SMA50
1.19
SMA100
2.02
SMA200
2.36
MACD
-0.14
MACD Signal
-0.21
MACD Histogram
0.07
RSI
40.11
Stochastic %K
83.07
Stochastic %D
78.92
StochRSI %K
99.3
StochRSI %D
97.81

SQNS Growth Numbers

Last year, SQNS revenue was $33.62M. Over the past 5 year, SQNS's revenue has grown by -3.54% per year. This was slower than the Semiconductors industry average of 23.34%.

Dive into SQNS's earnings and revenue performance here.

Who is buying/selling SQNS?

Over the last 12 months, insiders at SQNS have not bought or sold any shares.

Get more info about who owns SQNS stock here.

Can I get consistent income from SQNS stock?

No, Sequans Communications doesn't provide an income stream by paying out dividends.

SQNS Social Trading Data

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Place your SQNS purchase

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at an exact price limit, place a limit order.

Click the Open Trade button and your broker will place the order.

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Step 6: Keep tabs on your SQNS investment

Now that you own some shares in SQNS, you'll want to keep up with your new shares.

Add SQNS to a watchlist to monitor your SQNS stock.

SQNS Feed

How to Buy Stock in Sequans Communications

To summarize, here are the 6 steps to buy Sequans Communications stock:

  1. Decide where to buy Sequans Communications stock
  2. Open your brokerage account
  3. Deposit money your investment account
  4. Analyze Sequans Communications stock
  5. Place your SQNS purchase
  6. Keep tabs on your SQNS investment

If you need a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep tabs on your investment in Sequans Communications, create a watchlist today.

NYSE: SQNS
$0.56-0.01 (-1.58%)
Updated Apr 15, 2024
Open eToro Account
NYSE: SQNS
$0.56-0.01 (-1.58%)
Updated Apr 15, 2024
Open eToro Account

FAQ

How much does it cost to buy one Sequans Communications share?

As of Apr 15, 2024, it costs $0.56 to buy one share of Sequans Communications stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.28, you can buy 0.5 shares of SQNS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Sequans Communications stock?

One way to place an order for Sequans Communications stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.