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Sequans Communications (SQNS) Catches Eye: Stock Rises 9.3%

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Sequans Communications S.A. (SQNS - Free Report) was a big mover last session, as its shares rose over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 38.7% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Sequans Communications currently carries a Zacks Rank #2 (Buy).

Another top ranked stock in the Electronics – Semiconductors space is APPLIED OPTOELECTRONICS, INC. (AAOI - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is SQNS going up? Or down? Predict to see what others think: Up or Down

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Applied Optoelectronics, Inc. (AAOI) - free report >>

Sequans Communications S.A. (SQNS) - free report >>

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