Overall market sentiment has been high on Orange SA (ORAN) stock lately. ORAN receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Orange SA has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ORAN!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With ORAN Stock Today?
Orange SA (ORAN) stock is trading at $10.37 as of 11:10 AM on Friday, Aug 19, a loss of -$0.02, or -0.19% from the previous closing price of $10.39. The stock has traded between $10.36 and $10.40 so far today. Volume today is light. So far 137,311 shares have traded compared to average volume of 743,361 shares.
More About Orange SA
Orange is the incumbent telecom operator in France, formerly known as France Telecom. The company operates fixed and wireless businesses in France, where it is the market leader ahead of Iliad, Bouygues and SFR. Orange also has fixed and wireless (convergent) operations in Spain, Poland, Belgium, Luxembourg and Central Europe (Romania, Slovakia, Moldova). Around 15% of revenue comes from emerging African markets, where the company only operates wireless networks and 20% comes from the enterprise segment, which serves companies with more than 50 employees in France and internationally.
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