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NYSE: SQNS

How to Buy Sequans Communications Stock

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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 $3.53, down 0.84% from the previous day, and has decreased 20.14% in one year. It has overperformed other stocks in the Semiconductors industry by 0.07 percentage points. Sequans Communications stock is currently +54.49% from its 52-week low of $2.29, and -43.06% from its 52-week high of $6.20.

As of Sep 29, 2022, there are 191.14M SQNS shares outstanding. The market value of SQNS is $168.68M. In the last 24 hours, 47,085 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. It's the best place to buy SQNS stock.
  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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Get $10 towards your your SQNS stock purchase by creating an account with eToro today.

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Step 2: Open your brokerage account

Now that you've picked you need brokerage, chosen to fill out some personal details so you are able to buy SQNS stock today.

How to Set Up a New Account on eToro

  1. Click here to get started.
  2. Enter your personal info to open your new brokerage account.
  1. Send your data by clicking the "Create Account" button.
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Step 3: Deposit money your investment account

Watch this video walkthrough to see the process of depositing funds into your new brokerage account.

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Step 4: Analyze Sequans Communications stock

It's critical to analyze stocks prior to buying, so you can understand the risk and upside.

Sequans Communications stock data

SQNS Price
$3.53
1w %
-7.11%
1y %
-20.14%
5y %
-71.89%
P/E
N/A
P/B
24.91x
P/S
3.13x
PEG
N/A
Revenue
$53.81M
Earnings
-$8.70M
Fore. Rev. Growth
39.4%
Fore. Earn. Growth
N/A
Market Cap
$168.68M
Next Earnings
N/A
Next Dividend
N/A

SQNS Due Diligence Checks

WallStreetZen was created to help everyday investors perform more accurate fundamental analysis.

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

Is SQNS stock overvalued?

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

Using relative valuations methods:

  • SQNS could be overvalued based on its P/B ratio of 24.91x, relative to Semiconductors industry P/B ratio of 3.52x

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

Is SQNS a healthy company?

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the SQNS balance sheet.
  • SQNS profit margin has gone up from -60% to -16.2% in the past year.

Failed Financial Due Diligence Checks:

  • SQNS has $16.75M in cash and short term investments. This is not sufficient to cover its annual cash burn of $48.54M.
  • There are more long-term liabilities than short-term assets on the SQNS balance sheet.
  • Total SQNS debt is higher than 5 years ago, relative to shareholder equity.
  • SQNS has cash burn of 48539000. It does not have enough cash and short-term investments to cover this.
  • SQNS has a relatively high debt to equity ratio of 14.89.

Do Wall Street analysts think it's a good time to buy Sequans Communications stock

Out of 2 sell side analysts who track SQNS, the consensus analyst rating on SQNS is a Strong Buy

Should I buy or sell SQNS stock?

Based on 2 analysts offering ratings for Sequans Communications.
Strong Buy
Strong Buy
1 analysts 50%
Buy
1 analysts 50%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Latest SQNS Analyst Forecasts

Rajvindra Gill, a top 5% analyst from Needham maintains SQNS with a buy rating and raises their SQNS price target from $5.00 to $7.00, on Aug 31, 2022.

Craig Ellis, a top 1% analyst from B. Riley Securities maintains SQNS with a strong buy rating and lowers their SQNS price target from $6.00 to $5.00, on Jun 15, 2022.

You can dig deeper into what analysts are forecasting on the Sequans Communications stock forecast page.

SQNS Momentum

SMA10
3.75
SMA20
3.88
SMA50
3.55
SMA100
3.17
SMA200
3.43
MACD
0.01
MACD Signal
0.09
MACD Histogram
-0.07
RSI
40.29
Stochastic %K
19.58
Stochastic %D
20.77
StochRSI %K
0
StochRSI %D
0

SQNS Revenue

Last year, SQNS revenue was $53.81M. During the past 5 year, SQNS's revenue has grown by 0.67% per year. This was slower than the Semiconductors industry average of 16.86%.

Find out more about SQNS's earnings and revenue performance here.

Who is buying/selling SQNS?

Over the last 12 months, executives and large shareholders at SQNS have not bought or sold any shares.

Research more about who owns SQNS stock here.

Can I rely on SQNS as an income stream?

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

What do other investors have to say about SQNS?

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

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 generally sufficient.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific dollar amount, use a limit order.

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

If you want additional assistance investing in stocks on eToro, watch the how to video below:

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Step 6: Keep tabs on your SQNS investment

Now that you own some SQNS shares, you'll want to stay up-to-date on your company.

Make a watchlist to get notified of important updates regarding your SQNS stock.

SQNS Feed

How to Buy Stock in Sequans Communications

To summarize, here are the 6 steps you need to take to buy Sequans Communications stock right now:

  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 place to buy stocks, eToro is our favorite option.

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If you would like to track your new investment in Sequans Communications, click the button below.

NYSE: SQNS
$3.53-0.03 (-0.84%)
Updated Sep 29, 2022
Open eToro Account
NYSE: SQNS
$3.53-0.03 (-0.84%)
Updated Sep 29, 2022
Open eToro Account

FAQ

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

As of Sep 29, 2022, it costs $3.53 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 $1, you can buy 0.283 shares of SQNS.

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Is now a good time to buy Sequans Communications stock?

According to 2 Wall Street analysts who monitor Sequans Communications, their consensus recommendation is to buy Sequans Communications stock.

What is the best way to buy Sequans Communications stock?

The best way to buy Sequans Communications stock is within a brokerage account on eToro.
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.