Orange (OTCMKTS:ORANY) Sets New 12-Month High – Still a Buy?

Orange (OTCMKTS:ORANY)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $21.46 and last traded at $21.40, with a volume of 57790 shares. The stock had previously closed at $21.09.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on ORANY shares. Citigroup raised Orange from a “hold” rating to a “buy” rating in a research report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Orange in a research note on Monday, February 23rd. Finally, Zacks Research cut shares of Orange from a “hold” rating to a “strong sell” rating in a report on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Orange Stock Performance

The company has a current ratio of 0.89, a quick ratio of 0.86 and a debt-to-equity ratio of 0.89. The business has a fifty day moving average price of $18.39 and a 200-day moving average price of $16.95.

Orange Company Profile

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.