Ocean Rig UDW Inc. New (NASDAQ:ORIG) Receiving Somewhat Positive News Coverage, Accern Reports

Press coverage about Ocean Rig UDW Inc. New (NASDAQ:ORIG) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ocean Rig UDW Inc. New earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news stories about the oil and gas company an impact score of 46.0529530983343 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:

Shares of Ocean Rig UDW Inc. New stock traded up $0.30 during trading on Thursday, reaching $25.23. The company’s stock had a trading volume of 156,797 shares, compared to its average volume of 166,698. The company has a debt-to-equity ratio of 0.20, a current ratio of 5.38 and a quick ratio of 5.38. Ocean Rig UDW Inc. New has a 1-year low of $20.22 and a 1-year high of $40.00.

Several brokerages have issued reports on ORIG. Credit Suisse Group began coverage on Ocean Rig UDW Inc. New in a research report on Friday, December 15th. They set an “outperform” rating on the stock. ValuEngine raised Ocean Rig UDW Inc. New from a “hold” rating to a “buy” rating in a research report on Thursday, March 22nd. BidaskClub cut Ocean Rig UDW Inc. New from a “sell” rating to a “strong sell” rating in a research report on Friday, March 16th. Finally, Deutsche Bank began coverage on Ocean Rig UDW Inc. New in a research report on Tuesday, March 20th. They set a “hold” rating and a $30.00 target price on the stock. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. Ocean Rig UDW Inc. New has an average rating of “Hold” and a consensus price target of $30.00.

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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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