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Sequans Communications (SQNS) Jumps: Stock Moves Up 5.6%
Sequans Communications S.A. (SQNS - Free Report) was a big mover last session, as its shares rose over 5% 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 over 29% in the past one-month time frame.
The company has seen two positive estimate revisions in the past 30 days, its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Sequans Communications currently carries a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.
Sequans Communications S.A. Price
Sequans Communications S.A. Price | Sequans Communications S.A. Quote
A top ranked stock in the Electronics - Semiconductors space is Ichor Holdings, Ltd. (ICHR - 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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