Orange (OTCMKTS:ORANY) Hits New 12-Month Low – Here’s Why

Orange (OTCMKTS:ORANY) reached a new 52-week low during trading on Monday. The company traded as low as $15.2810 and last traded at $15.31, with a volume of 26,054 shares. The stock had previously closed at $16.03.

Wall Street Analysts Forecast Growth

ORANY has been the topic of a number of research analyst reports. Kepler Capital Markets raised shares of Orange from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 8th. Morgan Stanley downgraded shares of Orange to an “underweight” rating in a report on Friday, September 18th. Santander raised shares of Orange to an “outperform” rating in a research report on Thursday, September 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Orange in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Orange presently has an average rating of “Moderate Buy”.

Orange Trading Up 1.4%

The company has a quick ratio of 0.84, a current ratio of 0.87 and a debt-to-equity ratio of 1.21. The firm has a 50 day moving average of $17.46 and a 200 day moving average of $19.13.

Orange Company Profile

Orange SA is a France-based telecommunications company that provides mobile and fixed-line communications services to consumers, businesses and other telecommunications operators. Its offerings include mobile voice and data, broadband internet, fixed-line telephony, television and related digital services. The company also provides wholesale network access and connectivity services.

Through its Orange Business division, the company serves corporate and public-sector customers with services such as communications, cloud computing, cybersecurity, information technology integration and data connectivity.