Orange (OTCMKTS:ORANY) Shares Gap Up - Still a Buy?

Key Points

• Orange shares gapped up before the market opened, starting at $16.67 compared to a previous close of $16.04, with a last traded price of $16.65.
• Analyst ratings for Orange vary, with one rating it a Strong Buy and two giving it a Hold rating, leading to an average rating of Moderate Buy.
• The company's financial ratios indicate a quick ratio of 0.86 and a debt-to-equity ratio of 0.89, which suggests a cautious liquidity and leverage position.

Shares of Orange (OTCMKTS:ORANY - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $16.04, but opened at $16.67. Orange shares last traded at $16.65, with a volume of 20,697 shares changing hands.

Wall Street Analyst Weigh In

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

Orange Stock Performance

The business has a 50 day simple moving average of $16.17. 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 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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