Orange (OTCMKTS:ORANY) Upgraded at Zacks Research

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

Other equities analysts have also issued reports about the stock. Kepler Capital Markets lowered shares of Orange from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. New Street Research lowered Orange from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 12th. Citigroup upgraded 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 investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Orange Stock Performance

Shares of OTCMKTS ORANY opened at $20.03 on Monday. The firm’s 50 day moving average price is $19.31 and its 200-day moving average price is $17.28. Orange has a 52-week low of $12.49 and a 52-week high of $21.47. The company has a current ratio of 0.89, a quick ratio of 0.86 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.