Orange (OTCMKTS:ORANY) Upgraded to “Hold” at Zacks Research

Orange (OTCMKTS:ORANY) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

A number of other brokerages also recently issued reports on ORANY. Kepler Capital Markets downgraded Orange from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 9th. Deutsche Bank Aktiengesellschaft reissued 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 report on Tuesday, January 6th. Finally, New Street Research downgraded shares of Orange from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Orange presently has an average rating of “Moderate Buy”.

Orange Stock Performance

Shares of Orange stock opened at $20.03 on Monday. The business’s 50 day moving average price is $19.31 and its 200 day moving average price is $17.28. The company has a current ratio of 0.89, a quick ratio of 0.86 and a debt-to-equity ratio of 0.89. Orange has a one year low of $12.49 and a one year high of $21.47.

Orange Company Profile

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.