Orange (EPA:ORA) Stock Price Passes Below 200 Day Moving Average of $10.44

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Orange SA (EPA:ORA) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.44 and traded as low as $8.76. Orange shares last traded at $8.88, with a volume of 7,376,191 shares traded.

Several equities research analysts recently weighed in on the stock. Goldman Sachs Group set a €12.50 ($14.71) price target on shares of Orange and gave the stock a “buy” rating in a research report on Tuesday, September 15th. Morgan Stanley set a €11.00 ($12.94) price target on shares of Orange and gave the stock a “sell” rating in a research report on Tuesday, September 1st. DZ Bank restated a “buy” rating on shares of Orange in a research report on Thursday, September 24th. Berenberg Bank set a €12.50 ($14.71) price objective on shares of Orange and gave the stock a “neutral” rating in a research note on Tuesday, June 16th. Finally, UBS Group set a €12.70 ($14.94) price objective on shares of Orange and gave the stock a “buy” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of €13.46 ($15.83).

The stock’s 50 day moving average price is €9.49 and its 200-day moving average price is €10.42.

Orange Company Profile (EPA:ORA)

Orange SA provides a range of fixed telephony and mobile telecommunications, data transmission, and other value-added services to consumers, businesses, and other telecommunications operators in Europe, Africa, and the Middle East. The company offers mobile services, such as voice, SMS, and data; fixed broadband and narrowband services, as well as fixed network business solutions, including voice and data; and convergence packages.

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