Orange (OTCMKTS:ORANY) Reaches New 52-Week High – Still a Buy?

Shares of Orange (OTCMKTS:ORANY) reached a new 52-week high on Friday . The stock traded as high as $17.2150 and last traded at $17.2150, with a volume of 20760 shares traded. The stock had previously closed at $16.97.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ORANY. Sanford C. Bernstein raised shares of Orange to a “hold” rating in a research report on Tuesday, October 21st. Citigroup upgraded shares of Orange from a “hold” rating to a “buy” rating in a research note on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

Orange Price Performance

The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.86 and a current ratio of 0.89. The company’s 50-day moving average is $16.41 and its two-hundred day moving average is $16.11.

Orange Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 2nd were paid a dividend of $0.2392 per share. The ex-dividend date was Monday, December 1st. This represents a yield of 395.0%.

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.