Orange (OTCMKTS:ORANY) Receives Consensus Recommendation of “Hold” from Analysts

Orange (OTCMKTS:ORANY) has been given an average recommendation of “Hold” by the eight brokerages that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company.

ORANY has been the subject of a number of recent research reports. Citigroup upgraded shares of Orange from a “hold” rating to a “buy” rating in a report on Tuesday, January 6th. Kepler Capital Markets downgraded shares of Orange from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. New Street Research downgraded shares of Orange from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 12th. Zacks Research downgraded shares of Orange from a “hold” rating to a “strong sell” rating in a report on Friday, April 17th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Orange in a report on Monday, February 23rd.

Orange Price Performance

Shares of Orange stock opened at $20.90 on Friday. Orange has a twelve month low of $13.65 and a twelve month high of $21.47. The firm’s 50-day moving average price is $20.50 and its 200 day moving average price is $18.27. The company has a quick ratio of 1.09, a current ratio of 1.11 and a debt-to-equity ratio of 1.02.

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.