Alert: Negative Investment/Fundamental Signals (12/19/23)-ORANGE (NYSE: ORAN)


Extremely important negative changes in investment behavior have recently occurred for ORANGE (NYSE: ORAN): the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and negative upside/downside volume developed.

ORANGE (NYSE: ORAN). Slight negative changes in fundamentals have recently occurred: the stock’s power rating fell below 50.

In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

ORAN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

ORANGE has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. ORANGE has a good Appreciation Score of 82 but a neutral Power Rating of 49, with the Positive Value Trend Rating the result.

Recent Price Action

ORANGE (NYSE: ORAN) stock closed at $11.37 on 12/19/23 after a slight decline of -0.3%. Moreover, this decline was accompanied by unusually high trading volume at 153% of normal. The stock has declined -4.9% during the last week and has performed in line with the market over the last nine months.

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