Orange (OTCMKTS:ORANY – Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $21.49 and last traded at $21.48, with a volume of 12836 shares. The stock had previously closed at $21.07.
Analyst Ratings Changes
A number of equities research analysts have commented on the company. Kepler Capital Markets lowered Orange from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. The Goldman Sachs Group raised Orange from a “hold” rating to a “buy” rating in a research report on Tuesday, May 5th. Citigroup reissued a “buy” rating on shares of Orange in a research report on Thursday, May 7th. Zacks Research cut Orange from a “hold” rating to a “strong sell” rating in a research report on Friday, April 17th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Orange in a research report on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.
Read Our Latest Stock Report on Orange
Orange Stock Up 1.5%
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.
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