Orange (OTCMKTS:ORANY) Stock Rating Lowered by New Street Research

Orange (OTCMKTS:ORANY) was downgraded by analysts at New Street Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

A number of other research analysts also recently issued reports on ORANY. Zacks Research downgraded shares of Orange from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 15th. Kepler Capital Markets lowered 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 report on Monday, February 23rd. Finally, Citigroup upgraded Orange from a “hold” rating to a “buy” rating in a research note on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Orange currently has an average rating of “Hold”.

Orange Stock Up 1.7%

ORANY stock opened at $20.05 on Thursday. Orange has a 12 month low of $12.49 and a 12 month high of $21.47. The firm’s fifty day simple moving average is $19.11 and its 200-day simple moving average is $17.19. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 0.89.

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.