Orange (OTCMKTS:ORANY) Hits New 52-Week High – What’s Next?

Orange (OTCMKTS:ORANY)’s stock price hit a new 52-week high on Friday . The stock traded as high as $17.2150 and last traded at $17.2150, with a volume of 20760 shares changing hands. The stock had previously closed at $16.97.

Analyst Ratings Changes

Several brokerages have recently commented on ORANY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Orange in a research report on Friday. Citigroup raised Orange from a “hold” rating to a “buy” rating in a report on Tuesday, January 6th. Zacks Research downgraded Orange from a “hold” rating to a “strong sell” rating in a research report on Thursday. Finally, Sanford C. Bernstein upgraded Orange to a “hold” rating in a research report on Tuesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Orange has an average rating of “Moderate Buy”.

Orange Stock Up 0.9%

The firm’s fifty day simple moving average is $16.42 and its 200 day simple moving average is $16.13. 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 Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 2nd were paid a dividend of $0.2392 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a yield of 395.0%.

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.