Orange (NYSE:ORAN) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Orange (NYSE:ORAN) in a report published on Wednesday. The firm issued a strong-buy rating on the technology company’s stock.

Orange Stock Performance

The firm has a 50-day simple moving average of $11.51 and a 200 day simple moving average of $11.19. Orange has a 12 month low of $9.82 and a 12 month high of $12.41. The firm has a market capitalization of $29.63 billion, a price-to-earnings ratio of 8.71, a PEG ratio of 0.73 and a beta of 0.22. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.91 and a current ratio of 0.94.

Institutional Trading of Orange

Several institutional investors have recently added to or reduced their stakes in ORAN. 180 Wealth Advisors LLC boosted its holdings in shares of Orange by 8.9% during the 2nd quarter. 180 Wealth Advisors LLC now owns 16,497 shares of the technology company’s stock valued at $178,000 after buying an additional 1,350 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in shares of Orange during the 1st quarter worth approximately $39,000. Freestone Capital Holdings LLC bought a new position in Orange during the first quarter valued at $283,000. Blue Trust Inc. lifted its position in Orange by 3,331.6% in the second quarter. Blue Trust Inc. now owns 18,359 shares of the technology company’s stock worth $183,000 after buying an additional 17,824 shares during the last quarter. Finally, Brandes Investment Partners LP boosted its holdings in Orange by 2.8% during the 2nd quarter. Brandes Investment Partners LP now owns 1,757,008 shares of the technology company’s stock valued at $17,522,000 after acquiring an additional 48,093 shares during the period.

Orange Company Profile

Orange SA provides various fixed telephony and mobile telecommunications, data transmission, and other value-added services to customers, businesses, and other telecommunications operators in France and internationally. The company operates through France; Spain and Other European Countries; The Africa and Middle East; Enterprise; Orange business; Totem; International Carriers & Shared Services; and Mobile Financial Services segments.