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

Orange (OTCMKTS:ORANY - Get Free Report) saw strong trading volume on Thursday . 392,249 shares traded hands during trading, an increase of 93% from the previous session's volume of 202,741 shares.The stock last traded at $15.21 and had previously closed at $15.41.

Analysts Set New Price Targets

Several brokerages have recently weighed in on ORANY. Wall Street Zen raised Orange from a "hold" rating to a "buy" rating in a research report on Friday, May 23rd. Berenberg Bank raised Orange to a "strong-buy" rating in a report on Thursday, June 26th.

Orange Trading Up 0.5%

Orange Announces Dividend

The business also recently declared a dividend, which was paid on Friday, June 20th. Stockholders of record on Tuesday, June 3rd were given a dividend of $0.37 per share. This represents a dividend yield of 4.07%. The ex-dividend date of this dividend was Monday, June 2nd.

About Orange

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.