Orange (OTCMKTS:ORANY) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Orange (OTCMKTS:ORANY) have been assigned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company.

A number of research analysts recently commented on ORANY shares. Citigroup raised Orange from a “hold” rating to a “buy” rating in a research note on Tuesday, January 6th. Zacks Research lowered shares of Orange from a “hold” rating to a “strong sell” rating in a report on Thursday, January 15th. Sanford C. Bernstein raised shares of Orange to a “hold” rating in a report on Tuesday, October 21st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Orange in a research note on Friday, January 16th.

Orange Price Performance

Shares of OTCMKTS ORANY opened at $19.75 on Tuesday. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 0.89. The business has a fifty day moving average price of $17.13 and a two-hundred day moving average price of $16.48. Orange has a fifty-two week low of $10.83 and a fifty-two week high of $19.78.

Orange Dividend Announcement

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