Zacks Research Upgrades Orange (OTCMKTS:ORANY) to Hold

Orange (OTCMKTS:ORANY) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

ORANY has been the topic of a number of other research reports. Citigroup raised Orange from a “hold” rating to a “buy” rating in a report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Orange in a research report on Monday, February 23rd. New Street Research downgraded Orange from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 12th. Finally, Kepler Capital Markets downgraded shares of Orange from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Orange Price Performance

ORANY opened at $20.03 on Monday. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 0.89. The business has a 50-day moving average of $19.31 and a 200-day moving average of $17.28. Orange has a fifty-two week low of $12.49 and a fifty-two week high of $21.47.

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.