Orange (OTCMKTS:ORANY) Stock Rating Cut to Strong Sell at Zacks Research

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

Several other analysts have also recently weighed in on the stock. Morgan Stanley cut shares of Orange to an “underweight” rating in a report on Friday, September 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Orange in a report on Thursday, June 18th. Kepler Capital Markets raised Orange from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 8th. Finally, Santander raised Orange to an “outperform” rating in a report on Thursday, September 10th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold”.

Orange Price Performance

Orange stock opened at $15.57 on Monday. Orange has a twelve month low of $15.28 and a twelve month high of $21.85. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.87 and a quick ratio of 0.84. The firm has a fifty day simple moving average of $17.46 and a two-hundred day simple moving average of $19.13.

Orange Company Profile

Orange SA is a France-based telecommunications company that provides mobile and fixed-line communications services to consumers, businesses and other telecommunications operators. Its offerings include mobile voice and data, broadband internet, fixed-line telephony, television and related digital services. The company also provides wholesale network access and connectivity services.

Through its Orange Business division, the company serves corporate and public-sector customers with services such as communications, cloud computing, cybersecurity, information technology integration and data connectivity.