Orange (OTCMKTS:ORANY) Sees Unusually-High Trading Volume – Still a Buy?

Orange (OTCMKTS:ORANYGet Free Report) shares saw an uptick in trading volume on Tuesday . Approximately 334,535 shares traded hands during trading, an increase of 108% from the previous session’s volume of 160,723 shares.The stock last traded at $18.54 and had previously closed at $18.57.

Analyst Ratings Changes

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

Get Our Latest Research Report on ORANY

Orange Price Performance

The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.84 and a current ratio of 0.87. The firm has a 50 day moving average price of $18.79 and a 200-day moving average price of $19.97.

About Orange

(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.

Further Reading

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