Shares of Orange (OTCMKTS:ORANY – Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $18.82, but opened at $18.1750. Orange shares last traded at $18.20, with a volume of 15,371 shares.
Analyst Upgrades and Downgrades
A number of research firms have commented on ORANY. Zacks Research raised Orange from a “strong sell” rating to a “hold” rating in a report on Monday, June 8th. The Goldman Sachs Group raised shares of Orange from a “hold” rating to a “buy” rating in a research note on Tuesday, May 5th. Citigroup restated a “buy” rating on shares of Orange in a research report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Orange in a report on Thursday, June 18th. Finally, New Street Research downgraded shares of Orange from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 12th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.
Read Our Latest Analysis on Orange
Orange Trading Up 1.3%
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.
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