Orange (OTCMKTS:ORANY) Shares Gap Up – What’s Next?

Orange (OTCMKTS:ORANYGet Free Report)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $18.63, but opened at $19.5920. Orange shares last traded at $19.61, with a volume of 3,269 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Kepler Capital Markets upgraded shares of Orange from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 8th. The Goldman Sachs Group upgraded shares of Orange from a “hold” rating to a “buy” rating in a report on Tuesday, May 5th. Zacks Research raised Orange from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. Citigroup reiterated a “buy” rating on shares of Orange in a research note on Thursday, May 7th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Orange in a report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Orange has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Analysis on Orange

Orange Stock Up 4.9%

The business’s 50-day moving average is $19.55 and its two-hundred day moving average is $19.78. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.11 and a quick ratio of 1.09.

Orange Company Profile

(Get Free Report)

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.

Further Reading

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