Orange (OTCMKTS:ORANY) Upgraded by Zacks Research to “Hold” Rating

Zacks Research upgraded shares of Orange (OTCMKTS:ORANY) from a strong sell rating to a hold rating in a report published on Monday morning,Zacks.com reports.

A number of other research firms have also weighed in on ORANY. New Street Research lowered shares of Orange from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 12th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Orange in a research report on Monday, February 23rd. Kepler Capital Markets lowered shares of Orange from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. The Goldman Sachs Group upgraded shares of Orange from a “hold” rating to a “buy” rating in a research report on Tuesday, May 5th. Finally, Citigroup reiterated a “buy” rating on shares of Orange in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Orange presently has an average rating of “Moderate Buy”.

Orange Price Performance

ORANY opened at $20.14 on Monday. Orange has a 1-year low of $14.23 and a 1-year high of $21.85. The company has a 50 day simple moving average of $20.89 and a two-hundred day simple moving average of $19.17. The company has a current ratio of 1.11, a quick ratio of 1.09 and a debt-to-equity ratio of 1.02.

About Orange

Orange SA, commonly known as Orange, is a multinational telecommunications operator headquartered in Paris, France. The company has its roots in the former state-owned France Télécom and later consolidated its international operations under the Orange brand. Orange provides a wide range of connectivity and communications services and maintains a significant presence across Europe, and in many countries in Africa and the Middle East, serving both consumer and business customers.

Orange’s core activities include mobile and fixed-line telephony, broadband and fiber internet access, and television services for retail customers.