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

StockNews.com assumed coverage on shares of Orange (NYSE:ORAN) in a report published on Thursday. The brokerage issued a strong-buy rating on the technology company’s stock.

Orange Stock Performance

NYSE ORAN opened at $11.15 on Thursday. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.94 and a quick ratio of 0.91. Orange has a 1-year low of $9.82 and a 1-year high of $12.41. The firm has a market capitalization of $29.63 billion, a P/E ratio of 8.71, a P/E/G ratio of 0.73 and a beta of 0.22. The business’s 50-day simple moving average is $11.51 and its 200-day simple moving average is $11.19.

Institutional Investors Weigh In On Orange

Institutional investors have recently bought and sold shares of the business. 180 Wealth Advisors LLC lifted its holdings in shares of Orange by 8.9% during the 2nd quarter. 180 Wealth Advisors LLC now owns 16,497 shares of the technology company’s stock valued at $178,000 after acquiring an additional 1,350 shares in the last quarter. Freestone Capital Holdings LLC acquired a new position in shares of Orange during the first quarter worth about $283,000. Blue Trust Inc. boosted its position in shares of Orange by 3,331.6% in the second quarter. Blue Trust Inc. now owns 18,359 shares of the technology company’s stock worth $183,000 after buying an additional 17,824 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in shares of Orange in the first quarter valued at about $39,000. Finally, Brandes Investment Partners LP raised its holdings in shares of Orange by 2.8% during the 2nd quarter. Brandes Investment Partners LP now owns 1,757,008 shares of the technology company’s stock valued at $17,522,000 after buying an additional 48,093 shares during the period.

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. 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.