Orange (OTCMKTS:ORANY) Stock Rating Cut to “Strong Sell” at Zacks Research

Orange (OTCMKTS:ORANY) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Monday, Zacks reports.

Several other analysts have also recently commented on the stock. Kepler Capital Markets raised shares of Orange from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 8th. Santander raised Orange to an “outperform” rating in a research note on Thursday, September 10th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Orange in a research report on Thursday, June 18th. Finally, Morgan Stanley lowered shares of Orange to an “underweight” rating in a report on Friday, September 18th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Orange has an average rating of “Hold”.

Orange Stock Up 1.4%

Shares of ORANY stock opened at $15.57 on Monday. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.87 and a quick ratio of 0.84. Orange has a 12-month low of $15.28 and a 12-month high of $21.85. The firm has a 50-day moving average price of $17.46 and a 200 day moving average price of $19.13.

About Orange

Orange SA is a France-based telecommunications company that provides mobile and fixed-line communications services to consumers, businesses and other telecommunications operators. Its offerings include mobile voice and data, broadband internet, fixed-line telephony, television and related digital services. The company also provides wholesale network access and connectivity services.

Through its Orange Business division, the company serves corporate and public-sector customers with services such as communications, cloud computing, cybersecurity, information technology integration and data connectivity.