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Orange (OTCMKTS:ORANY) Sets New 12-Month High - Here's Why

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Key Points

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Orange (OTCMKTS:ORANY - Get Free Report)'s stock price reached a new 52-week high on Tuesday . The stock traded as high as $16.98 and last traded at $16.89, with a volume of 106709 shares trading hands. The stock had previously closed at $16.96.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on ORANY shares. Wall Street Zen lowered Orange from a "buy" rating to a "hold" rating in a research report on Sunday, July 20th. Berenberg Bank upgraded Orange to a "strong-buy" rating in a research note on Thursday, June 26th. Finally, The Goldman Sachs Group upgraded Orange from a "strong sell" rating to a "hold" rating in a research note on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy".

Read Our Latest Analysis on ORANY

Orange Stock Performance

The company has a 50 day moving average price of $15.63. 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 declared a dividend, which was paid on Friday, June 20th. Stockholders of record on Tuesday, June 3rd were paid a dividend of $0.37 per share. This represents a dividend yield of 407.0%. The ex-dividend date was Monday, June 2nd.

About Orange

(Get Free Report)

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. It operates through France; Spain and Other European Countries; The Africa and Middle East; Enterprise; International Carriers & Shared Services; and Mobile Financial Services segments.

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