Orange (OTCMKTS:ORANY) Stock Gets Downgrade from Zacks Research

Orange (OTCMKTS:ORANY) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Monday, Zacks reports.

Other research analysts also recently issued reports about the stock. Kepler Capital Markets raised shares of Orange from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 8th. Santander upgraded shares of Orange to an “outperform” rating in a report on Thursday, September 10th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Orange in a report on Thursday, June 18th. Finally, Morgan Stanley cut shares of Orange to an “underweight” rating in a research report on Friday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Orange presently has a consensus rating of “Hold”.

Orange Stock Performance

Shares of ORANY stock opened at $15.57 on Monday. The company has a current ratio of 0.87, a quick ratio of 0.84 and a debt-to-equity ratio of 1.21. Orange has a fifty-two week low of $15.28 and a fifty-two week high of $21.85. The stock has a 50 day moving average price of $17.46 and a two-hundred day moving average price of $19.13.

About Orange

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.