Orange (NYSE:ORAN) Now Covered by Analysts at StockNews.com

Investment analysts at StockNews.com started coverage on shares of Orange (NYSE:ORAN) in a research report issued on Thursday. The firm set a “strong-buy” rating on the technology company’s stock.

Orange Stock Performance

The business’s 50-day moving average price is $11.51 and its 200-day moving average price is $11.19. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.91 and a current ratio of 0.94. The company has a market cap of $29.63 billion, a PE ratio of 8.71, a PEG ratio of 0.73 and a beta of 0.22. Orange has a 1-year low of $9.82 and a 1-year high of $12.41.

Institutional Trading of Orange

A number of large investors have recently added to or reduced their stakes in ORAN. Allspring Global Investments Holdings LLC acquired a new stake in Orange in the 1st quarter valued at about $39,000. Russell Investments Group Ltd. boosted its stake in shares of Orange by 37.9% during the 1st quarter. Russell Investments Group Ltd. now owns 10,497 shares of the technology company’s stock worth $124,000 after acquiring an additional 2,885 shares during the period. Thornburg Investment Management Inc. increased its holdings in shares of Orange by 20.6% during the 1st quarter. Thornburg Investment Management Inc. now owns 909,419 shares of the technology company’s stock worth $10,661,000 after acquiring an additional 155,549 shares during the last quarter. Lake Street Advisors Group LLC bought a new stake in Orange in the 1st quarter valued at $129,000. Finally, Freestone Capital Holdings LLC bought a new position in Orange during the first quarter worth $283,000.

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