Orange (OTCMKTS:ORANY) Downgraded to Hold Rating by New Street Research

New Street Research lowered shares of Orange (OTCMKTS:ORANY) from a strong-buy rating to a hold rating in a research report report published on Thursday morning,Zacks.com reports.

ORANY has been the topic of several other research reports. Zacks Research lowered shares of Orange from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 15th. Kepler Capital Markets downgraded shares of Orange from a “strong-buy” rating to a “hold” rating in a research report on Monday. Citigroup upgraded shares of Orange from a “hold” rating to a “buy” rating in a research note on Tuesday, January 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Orange in a report on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold”.

Orange Stock Down 0.3%

Shares of OTCMKTS:ORANY opened at $19.72 on Thursday. The company’s 50-day moving average is $19.04 and its 200 day moving average is $17.16. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.89 and a quick ratio of 0.86. Orange has a fifty-two week low of $12.49 and a fifty-two week high of $21.47.

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.