Other equities analysts have also issued research reports about the company. Credit Suisse Group reissued an outperform rating on shares of Orange in a research note on Friday, February 19th. The Goldman Sachs Group lowered Orange from a buy rating to a neutral rating in a research note on Tuesday, May 11th. Morgan Stanley reissued an equal weight rating on shares of Orange in a research note on Tuesday, May 11th. Zacks Investment Research raised Orange from a sell rating to a hold rating in a research note on Thursday, June 3rd. Finally, JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Orange in a research report on Wednesday, May 5th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. Orange has a consensus rating of Hold and an average target price of $13.00.
ORAN opened at $12.87 on Thursday. The business’s 50-day moving average price is $12.68. Orange has a 12-month low of $10.15 and a 12-month high of $13.09. The company has a current ratio of 0.89, a quick ratio of 0.86 and a debt-to-equity ratio of 0.84. The firm has a market cap of $34.21 billion, a price-to-earnings ratio of 6.60 and a beta of 0.30.
A number of hedge funds have recently bought and sold shares of the business. Penserra Capital Management LLC raised its position in shares of Orange by 66.2% during the 4th quarter. Penserra Capital Management LLC now owns 605,661 shares of the technology company’s stock worth $7,183,000 after acquiring an additional 241,302 shares in the last quarter. Waterfront Wealth Inc. acquired a new stake in shares of Orange during the 1st quarter worth about $928,000. GWM Advisors LLC raised its position in shares of Orange by 26.4% during the 1st quarter. GWM Advisors LLC now owns 19,218 shares of the technology company’s stock worth $237,000 after acquiring an additional 4,014 shares in the last quarter. Lesa Sroufe & Co raised its position in shares of Orange by 0.6% during the 1st quarter. Lesa Sroufe & Co now owns 147,084 shares of the technology company’s stock worth $1,814,000 after acquiring an additional 810 shares in the last quarter. Finally, Citigroup Inc. raised its position in shares of Orange by 18.1% during the 4th quarter. Citigroup Inc. now owns 591,894 shares of the technology company’s stock worth $7,019,000 after acquiring an additional 90,894 shares in the last quarter. 0.95% of the stock is currently owned by institutional investors.
Orange Company Profile
Orange SA provides a range of fixed telephony and mobile telecommunications, data transmission, and other value-added services to customers, businesses, and other telecommunications operators in France and internationally. It operates through France; Spain and Other European Countries; The Africa and Middle East; Enterprise; International Carriers & Shared Services; and Mobile Financial Services segments.
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