Sequans Communications (NYSE:SQNS) Stock Price Up 19%
Sequans Communications SA (NYSE:SQNS)’s stock price rose 19% on Wednesday . The company traded as high as $2.80 and last traded at $2.76, approximately 268,500 shares traded hands during mid-day trading. An increase of 544% from the average daily volume of 41,679 shares. The stock had previously closed at $2.32.
SQNS has been the subject of a number of recent analyst reports. ValuEngine upgraded Sequans Communications from a “hold” rating to a “buy” rating in a research report on Friday, November 29th. Canaccord Genuity restated a “buy” rating and set a $6.00 price objective on shares of Sequans Communications in a research report on Friday, November 29th. Finally, Zacks Investment Research upgraded Sequans Communications from a “sell” rating to a “hold” rating in a research report on W ...