Orange (OTCMKTS:ORANY) Cut to “Hold” at Kepler Capital Markets

Kepler Capital Markets lowered shares of Orange (OTCMKTS:ORANY) from a strong-buy rating to a hold rating in a research report released on Monday,Zacks.com reports.

Other equities analysts have also recently issued reports about the company. Deutsche Bank Aktiengesellschaft reaffirmed 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, Zacks Research cut shares of Orange from a “hold” rating to a “strong sell” rating in a report on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Orange currently has an average rating of “Hold”.

Orange Trading Down 0.5%

Shares of Orange stock opened at $19.78 on Monday. Orange has a 1 year low of $12.49 and a 1 year high of $21.47. The firm’s 50-day moving average is $18.98 and its 200 day moving average is $17.14. 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.