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

Stock analysts at StockNews.com started coverage on shares of Orange (NYSE:ORAN) in a note issued to investors on Thursday. The brokerage set a “strong-buy” rating on the technology company’s stock.

Orange Price Performance

Orange has a fifty-two week low of $9.82 and a fifty-two week high of $12.41. The stock has a 50-day simple moving average of $11.51 and a 200-day simple moving average of $11.19. The company 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 company has a quick ratio of 0.91, a current ratio of 0.94 and a debt-to-equity ratio of 0.87.

Institutional Investors Weigh In On Orange

Several large investors have recently modified their holdings of the business. 180 Wealth Advisors LLC increased its holdings in shares of Orange by 8.9% in the second quarter. 180 Wealth Advisors LLC now owns 16,497 shares of the technology company’s stock worth $178,000 after acquiring an additional 1,350 shares in the last quarter. Ballentine Partners LLC grew its holdings in shares of Orange by 14.9% during the second quarter. Ballentine Partners LLC now owns 12,495 shares of the technology company’s stock worth $125,000 after buying an additional 1,624 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Orange by 71.3% during the third quarter. GAMMA Investing LLC now owns 4,164 shares of the technology company’s stock worth $48,000 after buying an additional 1,733 shares in the last quarter. Bruce G. Allen Investments LLC grew its holdings in shares of Orange by 469.9% during the third quarter. Bruce G. Allen Investments LLC now owns 3,157 shares of the technology company’s stock worth $36,000 after buying an additional 2,603 shares in the last quarter. Finally, Waterfront Wealth Inc. grew its holdings in shares of Orange by 1.7% during the second quarter. Waterfront Wealth Inc. now owns 158,385 shares of the technology company’s stock worth $1,582,000 after buying an additional 2,624 shares in the last quarter.

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.