Summit Global Investments lessened its stake in Orange S.A. (NYSE:ORAN – Free Report) by 6.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 18,150 shares of the technology company’s stock after selling 1,209 shares during the quarter. Summit Global Investments’ holdings in Orange were worth $181,000 as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of ORAN. Blue Trust Inc. boosted its position in Orange by 3,331.6% in the 2nd quarter. Blue Trust Inc. now owns 18,359 shares of the technology company’s stock worth $183,000 after purchasing an additional 17,824 shares in the last quarter. 180 Wealth Advisors LLC boosted its holdings in Orange by 8.9% during the second quarter. 180 Wealth Advisors LLC now owns 16,497 shares of the technology company’s stock worth $178,000 after buying an additional 1,350 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in Orange by 20.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 26,199 shares of the technology company’s stock valued at $262,000 after buying an additional 4,458 shares during the period. Simplicity Wealth LLC increased its holdings in Orange by 16.6% in the second quarter. Simplicity Wealth LLC now owns 310,388 shares of the technology company’s stock valued at $3,101,000 after buying an additional 44,290 shares in the last quarter. Finally, Mather Group LLC. purchased a new position in Orange in the second quarter valued at $60,000.
Orange Price Performance
Shares of Orange stock traded up $0.04 during mid-day trading on Wednesday, reaching $11.39. 183,897 shares of the stock traded hands, compared to its average volume of 448,006. The stock has a market capitalization of $30.27 billion, a PE ratio of 9.01, a PEG ratio of 0.75 and a beta of 0.22. The business has a 50-day moving average of $10.72 and a 200 day moving average of $11.20. Orange S.A. has a fifty-two week low of $9.82 and a fifty-two week high of $12.41. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.87.
Analysts Set New Price Targets
View Our Latest Analysis on Orange
Orange Profile
Orange SA provides various fixed telephony and mobile telecommunications, data transmission, and other value-added services to customers, businesses, and other telecommunications operators in France and internationally. The company operates through France; Spain and Other European Countries; The Africa and Middle East; Enterprise; Orange business; Totem; International Carriers & Shared Services; and Mobile Financial Services segments.
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