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 $3.03, down 0.98% from the previous day, and has decreased 56.94% in one year. It has underperformed other stocks in the Semiconductors industry by 0.7 percentage points. Sequans Communications stock is currently +254.8% from its 52-week low of $0.85, and -59.19% from its 52-week high of $7.43.
As of Dec 12, 2024, there are 249.93M SQNS shares outstanding. The market value of SQNS is $75.73M. In the last 24 hours, 27,197 SQNS shares were traded.
How to Buy Sequans Communications Stock
Wondering how to invest in Sequans Communications stock? Here's how.
- 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.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Choose your method of payment and add your info.
- 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).
- 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.
- 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.
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Open eToro AccountStep 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.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create a new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
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:
Check out this video walkthrough for more details transferring money into your new investment account.
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
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.
Using relative valuations measures:
- SQNS may be undervalued based on its P/B ratio of 1.32x, relative to Semiconductors industry P/B ratio of 9.97x
You can access additional valuation analysis on SQNS's stock here.
SQNS Financial Overview
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the SQNS balance sheet.
- SQNS has cash burn of 21062000. It has enough cash and short-term investments to cover this for at least one year.
- Total SQNS debt is lower than 5 years ago, relative to shareholder equity.
- SQNS has $173.58M in cash and short term investments. This is sufficient to cover its annual cash burn of $21.06M.
- SQNS profit margin has gone up from -64.1% to 138.3% in the past year.
- There are more short-term assets than long-term liabilities on the SQNS balance sheet.
Failed Financial Due Diligence Checks:
- SQNS has a relatively high debt to equity ratio of 2.87.
Do analysts think it's a good time to buy Sequans Communications stock
Out of 1 Wall Street analysts who research SQNS, the consensus analyst rating on Sequans Communications is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Sequans Communications stock forecast page.
SQNS Momentum
SQNS Growth Metrics
Last year, SQNS revenue was $30.56M. Over the last 5 year, SQNS's revenue has increased by 2.53% per year. This was slower than the Semiconductors industry average of 39.31%.
Find out more about SQNS's earnings and revenue performance here.
What are SQNS insiders up to?
In the last 12 months, executives and large shareholders at SQNS have not bought or sold any shares.
Research more about who owns SQNS shares here.
Can I rely on SQNS as an income stream?
No, Sequans Communications doesn't provide an income stream by paying out dividends.
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Step 5: Place your SQNS purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open button and your broker will place your order.
If you want additional assistance investing in stocks on eToro, watch the how to video below:
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 stock purchase.
Put SQNS on a watchlist to keep track of your SQNS stock.
SQNS Feed
How to Buy Stock in Sequans Communications
To reiterate, here are the 6 steps you need to take to buy Sequans Communications stock right now:
- Decide where to buy Sequans Communications stock
- Open your brokerage account
- Deposit money your investment account
- Analyze Sequans Communications stock
- Place your SQNS purchase
- Keep tabs on your SQNS investment
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to monitor your investment in Sequans Communications, add SQNS to your watchlist by clicking the button below.
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