Orange (OTCMKTS:ORANY) Sets New 1-Year High - Still a Buy?

Key Points

• Orange's share price reached a new 52-week high at $16.23, with a last trading price of $16.15.
• Analysts have mixed opinions, with Goldman Sachs upgrading Orange to a "hold" rating, while Wall Street Zen lowered its rating to "hold."
• The company announced a dividend of $0.37 per share, resulting in an impressive dividend yield of 407.0%.

Orange (OTCMKTS:ORANY - Get Free Report)'s share price hit a new 52-week high on Thursday . The stock traded as high as $16.23 and last traded at $16.15, with a volume of 141743 shares trading hands. The stock had previously closed at $15.97.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. The Goldman Sachs Group raised Orange from a "strong sell" rating to a "hold" rating in a report on Thursday, July 31st. Berenberg Bank raised Orange to a "strong-buy" rating in a report on Thursday, June 26th. Finally, Wall Street Zen lowered Orange from a "buy" rating to a "hold" rating in a report on Sunday, July 20th.

Orange Trading Up 1.1%

The company's fifty day moving average is $15.12. 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 Announces Dividend

The business also recently announced a dividend, which was paid on Friday, June 20th. Stockholders of record on Tuesday, June 3rd were issued a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a dividend yield of 407.0%.

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. 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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