Orange (OTCMKTS:ORANY) Downgraded to Hold Rating by Kepler Capital Markets

Kepler Capital Markets downgraded shares of Orange (OTCMKTS:ORANY) from a strong-buy rating to a hold rating in a report released on Monday morning,Zacks.com reports.

Several other research firms have also issued reports on ORANY. Citigroup upgraded Orange from a “hold” rating to a “buy” rating in a research note on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Orange in a report on Monday, February 23rd. Finally, Zacks Research downgraded 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 given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold”.

Orange Stock Down 0.1%

Shares of ORANY opened at $19.87 on Monday. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.89 and a quick ratio of 0.86. Orange has a 1 year low of $12.49 and a 1 year high of $21.47. The stock has a 50 day simple moving average of $18.92 and a 200-day simple moving average of $17.12.

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.