Media stories about Ocean Rig UDW (NASDAQ:ORIG) have trended positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ocean Rig UDW earned a daily sentiment score of 0.33 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the headlines that may have impacted Accern Sentiment’s scoring:

Ocean Rig UDW (ORIG) traded up 4.304% during midday trading on Tuesday, hitting $0.206. The company had a trading volume of 295,143 shares. Ocean Rig UDW has a 52 week low of $0.12 and a 52 week high of $2.89. The firm’s 50 day moving average is $0.18 and its 200-day moving average is $0.51.

Several equities research analysts recently weighed in on ORIG shares. Zacks Investment Research raised Ocean Rig UDW from a “hold” rating to a “buy” rating and set a $0.25 price objective on the stock in a report on Thursday, May 25th. ValuEngine downgraded Ocean Rig UDW from a “buy” rating to a “hold” rating in a report on Friday, June 2nd.

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About Ocean Rig UDW

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.

Insider Buying and Selling by Quarter for Ocean Rig UDW (NASDAQ:ORIG)

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