Should You Buy Orange SA (ORAN) Stock on Thursday?

Overall market sentiment has been down on Orange SA (ORAN) stock lately. ORAN receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Orange SA has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ORAN!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With ORAN Stock Today?

Orange SA (ORAN) stock is trading at $8.97 as of 10:02 AM on Thursday, Oct 6, a drop of -$0.18, or -2.02% from the previous closing price of $9.15. The stock has traded between $8.96 and $8.99 so far today. Volume today is below average. So far 74,233 shares have traded compared to average volume of 1,039,065 shares. To screen for more stocks like Orange SA click here.

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. Click Here to get the full Stock Report for Orange SA stock.