Headlines about Sequans Communications (NYSE:SQNS) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sequans Communications earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned press coverage about the semiconductor company an impact score of 47.3030828497509 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:

Shares of SQNS traded up $0.01 during mid-day trading on Friday, reaching $1.70. The stock had a trading volume of 19,335 shares, compared to its average volume of 268,496. The company has a current ratio of 1.06, a quick ratio of 0.88 and a debt-to-equity ratio of 0.65. Sequans Communications has a 52-week low of $1.44 and a 52-week high of $3.65. The firm has a market capitalization of $144.04 million, a P/E ratio of -5.48 and a beta of 2.14.

Sequans Communications (NYSE:SQNS) last announced its quarterly earnings data on Tuesday, July 31st. The semiconductor company reported ($0.08) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.07) by ($0.01). Sequans Communications had a negative net margin of 67.53% and a negative return on equity of 298.34%. The firm had revenue of $12.70 million during the quarter, compared to analysts’ expectations of $13.49 million. During the same period in the prior year, the company posted ($0.06) EPS. The company’s revenue for the quarter was down 3.8% compared to the same quarter last year. equities research analysts predict that Sequans Communications will post -0.28 earnings per share for the current fiscal year.

A number of equities research analysts recently issued reports on the stock. Zacks Investment Research raised shares of Sequans Communications from a “sell” rating to a “hold” rating in a report on Thursday, June 14th. ValuEngine raised shares of Sequans Communications from a “sell” rating to a “hold” rating in a report on Saturday, June 2nd. Finally, Needham & Company LLC dropped their price objective on shares of Sequans Communications from $3.00 to $2.50 and set a “buy” rating for the company in a report on Wednesday, August 1st. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company. Sequans Communications has an average rating of “Buy” and an average target price of $3.68.

Sequans Communications Company Profile

Sequans Communications SA, together with its subsidiaries, engages in fabless designing, developing, and supplying 4G LTE semiconductor solutions for wireless broadband and Internet of Things applications. Its solutions incorporate baseband processor and radio frequency (RF) transceiver integrated circuits along with proprietary signal processing techniques, algorithms, and software stacks.

Recommended Story: Diversification in Investing

Insider Buying and Selling by Quarter for Sequans Communications (NYSE:SQNS)

Receive News & Ratings for Sequans Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sequans Communications and related companies with MarketBeat.com's FREE daily email newsletter.