Orange (OTCMKTS:ORANY) Raised to Hold at Zacks Research

Orange (OTCMKTS:ORANY) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

A number of other equities analysts have also recently issued reports on the company. Kepler Capital Markets cut Orange from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Orange in a report on Monday, February 23rd. Citigroup restated a “buy” rating on shares of Orange in a report on Thursday, May 7th. New Street Research downgraded Orange from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 12th. Finally, The Goldman Sachs Group upgraded Orange from a “hold” rating to a “buy” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Orange presently has an average rating of “Moderate Buy”.

Orange Price Performance

Shares of OTCMKTS ORANY opened at $20.14 on Monday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.09 and a current ratio of 1.11. The stock’s fifty day simple moving average is $20.89 and its 200 day simple moving average is $19.17. Orange has a 52-week low of $14.23 and a 52-week high of $21.85.

Orange Company Profile

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.