Ocean Rig UDW Inc. New (NASDAQ:ORIG) Getting Somewhat Positive Press Coverage, Analysis Finds

Press coverage about Ocean Rig UDW Inc. New (NASDAQ:ORIG) has trended somewhat positive on Wednesday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ocean Rig UDW Inc. New earned a news sentiment score of 0.22 on Accern’s scale. Accern also assigned media headlines about the oil and gas company an impact score of 45.473298553777 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Ocean Rig UDW Inc. New (NASDAQ ORIG) traded up $0.06 during trading on Wednesday, reaching $25.15. 226,216 shares of the company’s stock traded hands, compared to its average volume of 152,394. The company has a debt-to-equity ratio of 0.21, a quick ratio of 4.61 and a current ratio of 1.86. Ocean Rig UDW Inc. New has a 52-week low of $20.22 and a 52-week high of $40.00.

A number of analysts recently weighed in on the stock. BidaskClub raised shares of Ocean Rig UDW Inc. New from a “strong sell” rating to a “sell” rating in a report on Thursday, February 22nd. ValuEngine raised shares of Ocean Rig UDW Inc. New from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Finally, Credit Suisse Group assumed coverage on shares of Ocean Rig UDW Inc. New in a research note on Friday, December 15th. They set an “outperform” rating on the stock.

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About Ocean Rig UDW Inc. New

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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