Orange (OTCMKTS:ORANY) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Orange (OTCMKTS:ORANY) have been given an average rating of “Moderate Buy” by the seven research firms that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company.

ORANY has been the topic of a number of recent analyst reports. The Goldman Sachs Group raised shares of Orange from a “hold” rating to a “buy” rating in a research report on Tuesday, May 5th. Zacks Research upgraded shares of Orange from a “strong sell” rating to a “hold” rating in a research note on Monday, June 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Orange in a report on Thursday, June 18th. Citigroup reissued a “buy” rating on shares of Orange in a research report on Thursday, May 7th. Finally, Kepler Capital Markets upgraded shares of Orange from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 8th.

Orange Stock Up 1.6%

ORANY opened at $18.77 on Friday. The business has a 50 day moving average price of $20.06 and a 200 day moving average price of $19.66. Orange has a twelve month low of $15.10 and a twelve month high of $21.85. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.09 and a current ratio of 1.11.

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.