Orange (OTCMKTS:ORANY) Sees Large Volume Increase – Should You Buy?

Orange (OTCMKTS:ORANYGet Free Report) shares saw strong trading volume on Monday . Approximately 213,206 shares traded hands during trading, an increase of 29% from the previous session’s volume of 164,989 shares.The stock last traded at $18.4340 and had previously closed at $18.11.

Wall Street Analyst Weigh In

ORANY has been the topic of a number of analyst reports. The Goldman Sachs Group upgraded Orange from a “hold” rating to a “buy” rating in a research note on Tuesday, May 5th. Citigroup reaffirmed a “buy” rating on shares of Orange in a research report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Orange in a report on Thursday, June 18th. Kepler Capital Markets raised Orange from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 8th. Finally, Zacks Research upgraded Orange from a “strong sell” rating to a “hold” rating in a research note on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Orange currently has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Analysis on Orange

Orange Trading Up 2.0%

The business has a 50 day moving average of $20.15 and a 200-day moving average of $19.64. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.09 and a current ratio of 1.11.

About Orange

(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.

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