Orange (OTCMKTS:ORANY) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Orange (OTCMKTS:ORANY) from a strong sell rating to a hold rating in a research report report published on Monday morning,Zacks.com reports.

A number of other analysts have also commented on ORANY. New Street Research lowered shares of Orange from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 12th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Orange in a research report on Monday, February 23rd. Citigroup raised shares of Orange from a “hold” rating to a “buy” rating in a research report on Tuesday, January 6th. Finally, Kepler Capital Markets downgraded shares of Orange from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Orange presently has an average rating of “Moderate Buy”.

Orange Trading Down 2.0%

OTCMKTS:ORANY opened at $20.03 on Monday. Orange has a twelve month low of $12.49 and a twelve month high of $21.47. The business has a 50 day moving average price of $19.31 and a two-hundred day moving average price of $17.28. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 0.89.

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.