Orange (OTCMKTS:ORANY) Sets New 12-Month High – Here’s What Happened

Orange (OTCMKTS:ORANY)’s stock price hit a new 52-week high on Thursday . The company traded as high as $17.1530 and last traded at $17.1530, with a volume of 50701 shares traded. The stock had previously closed at $16.89.

Analyst Ratings Changes

ORANY has been the topic of a number of research reports. Citigroup upgraded shares of Orange from a “hold” rating to a “buy” rating in a report on Tuesday. Sanford C. Bernstein upgraded Orange to a “hold” rating in a research report on Tuesday, October 21st. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Orange Stock Performance

The business’s fifty day moving average price is $16.34 and its two-hundred day moving average price is $16.06. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 0.89.

Orange Dividend Announcement

The business also recently disclosed 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. This represents a yield of 395.0%. The ex-dividend date of this dividend was Monday, December 1st.

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.