Orange (OTC:ORANY) Upgraded to Strong-Buy at Berenberg Bank

Berenberg Bank upgraded shares of Orange (OTC:ORANYFree Report) to a strong-buy rating in a research note issued to investors on Thursday,Zacks.com reports.

Orange Stock Up 1.2%

ORANY stock opened at $15.10 on Thursday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.91 and a current ratio of 0.94. Orange has a 52 week low of $9.60 and a 52 week high of $15.18. The firm’s fifty day simple moving average is $14.55.

Orange Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, June 20th. Investors of record on Tuesday, June 3rd were issued a dividend of $0.37 per share. This represents a dividend yield of 4.07%. The ex-dividend date was Monday, June 2nd.

About Orange

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Orange SA provides fixed telephony, mobile telecommunication, data transmission, and other value-added services to individuals, professionals, and large companies in France and internationally. It offers mobile services, such as voice, SMS, and data; fixed broadband and narrowband services, as well as B2B fixed solutions and networks services, including voice and data services.

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