Positive Media Coverage Somewhat Unlikely to Affect Ocean Rig UDW Inc. New (NASDAQ:ORIG) Share Price

News coverage about Ocean Rig UDW Inc. New (NASDAQ:ORIG) has trended positive recently, Accern reports. Accern scores the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Ocean Rig UDW Inc. New earned a media sentiment score of 0.26 on Accern’s scale. Accern also gave news stories about the oil and gas company an impact score of 44.799824688399 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Several brokerages have recently weighed in on ORIG. Credit Suisse Group assumed coverage on Ocean Rig UDW Inc. New in a report on Friday, December 15th. They issued an “outperform” rating on the stock. DNB Markets upgraded Ocean Rig UDW Inc. New from a “hold” rating to a “buy” rating in a report on Monday, October 23rd. BidaskClub upgraded Ocean Rig UDW Inc. New from a “strong sell” rating to a “sell” rating in a report on Thursday, January 4th. Finally, ValuEngine upgraded Ocean Rig UDW Inc. New from a “hold” rating to a “buy” rating in a report on Friday, December 1st. One research analyst has rated the stock with a sell rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy”.

Ocean Rig UDW Inc. New (ORIG) traded up $0.28 during trading on Thursday, hitting $27.85. The stock had a trading volume of 140,600 shares, compared to its average volume of 180,300. The company has a quick ratio of 4.61, a current ratio of 4.61 and a debt-to-equity ratio of 0.21. Ocean Rig UDW Inc. New has a 52-week low of $20.22 and a 52-week high of $40.00.

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Ocean Rig UDW Inc. New Company Profile

Ocean Rig UDW Inc is a Cyprus-based offshore drilling contractor that provides oilfield services for oil and gas exploration, development and production drilling, and specializes in the ultra-deepwater and harsh-environment segment of the drilling industry. The Company owns and operates approximately 13 offshore ultra deepwater drilling units, comprising of ultra deepwater semisubmersible drilling rigs and ultra deepwater drill-ships.

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