What Does Bollinger Band say about Sequans Communications S.A. (NYSE:SQNS)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Sequans Communications S.A. (NYSE:SQNS) for the period of 9-Day stands at 12.5% while the stochastic %D for the same period stands at 9.31%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Sequans Communications S.A. (NYSE:SQNS) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Sequans Communications S.A. (NYSE:SQNS) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Sequans Communications S.A. (NYSE:SQNS)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Sequans Communications S.A., operates as a fabless designer, developer and supplier of 4G semiconductor solutions for wireless broadband applications. Solutions offered by the Company include baseband processor and radio frequency, or RF, transceiver integrated circuits, or ICs, along with signal processing techniques, algorithms and software stacks. Its solutions can be applied in devices like: smartphones; USB dongles; portable routers; embedded wireless modems for laptops, netbooks, tablets, and other consumer multimedia and industrial devices; consumer premises equipment, or CPE, such as residential gateways; and basestations. Sequans Communications S.A. is based in Paris, France.

Previous Day Activity Analysis

On the last trading day, Sequans Communications S.A. (NYSE:SQNS) opened the session at $1.92 and after going down -0.52% closed at $1.93. The stock gained 0.01 points in the last trade.

Sequans Communications S.A. (NYSE:SQNS)’s stock fluctuated in the range of $1.73 and $1.97 during the previous active session. Sequans Communications S.A. (NYSE:SQNS) traded with the volume of 1.21 Million with average volume of 584.58 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 2.49 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.25 and 30.12 respectively.

Currently the Insider Ownership of the shares of Sequans Communications S.A. (NYSE:SQNS) is at 11.35% and the shares outstanding are 80.16 Million.

Important Ratio Analysis

Some important ratios to consider here for Sequans Communications S.A. (NYSE:SQNS) are discussed below:

Dividend yield of Sequans Communications S.A. (NYSE:SQNS) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 0.

The PEG ratio (Price to Earning to Growth) emits the value of 0. The Price to Sale P/S and Price to Book P/B shows the value of 2.97 and 38.6 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 10.67 and 0 correspondingly.

The Quick Ratio of Sequans Communications S.A. (NYSE:SQNS) stands at 1.2 while the Current Ratio depicts the value of 1.5.

Return on Assets ROA of Sequans Communications S.A. (NYSE:SQNS) is at -41.5% whereas, Return on Equity ROE and Return of Investment ROI of Sequans Communications S.A. (NYSE:SQNS) stand at -459.3% and -60.9% respectively.

Stock Performance Analysis

The stock performance of Sequans Communications S.A. (NYSE:SQNS) on the basis of 5 day trade show the dip of -2.53% whereas, the monthly performance of the stock shows decrease of -42.04%.

The quarterly performance of the stock remained in red zone with the value of -49.21% while six month performance of the shares of Sequans Communications S.A. (NYSE:SQNS) remained bearish with the count of -37.94%.

The yearly and YTD performance of Sequans Communications S.A. (NYSE:SQNS) remained up at 7.82% and 3.21% respectively.