Orange (OTCMKTS:ORANY) Sees Unusually-High Trading Volume – Time to Buy?

Orange (OTCMKTS:ORANYGet Free Report) shares saw an uptick in trading volume on Monday . Approximately 167,747 shares were traded during trading, a decline of 1% from the previous session’s volume of 169,756 shares.The stock last traded at $17.81 and had previously closed at $17.62.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Citigroup reissued a “buy” rating on shares of Orange in a report on Thursday, May 7th. Kepler Capital Markets upgraded shares of Orange from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 8th. Zacks Research raised shares of Orange from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. The Goldman Sachs Group upgraded shares of Orange from a “hold” rating to a “buy” rating in a research note on Tuesday, May 5th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Orange in a research report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Read Our Latest Report on Orange

Orange Stock Up 0.4%

The stock has a 50-day moving average price of $18.61 and a 200-day moving average price of $19.90. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.87 and a quick ratio of 0.84.

Orange Company Profile

(Get Free Report)

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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