Somewhat Positive Press Coverage Somewhat Unlikely to Affect Ocean Rig UDW (ORIG) Stock Price
Media coverage about Ocean Rig UDW (NASDAQ:ORIG) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ocean Rig UDW earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave news headlines about the oil and gas company an impact score of 45.3781117953036 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Ocean Rig UDW from a “buy” rating to a “hold” rating in a research note on Wednesday, June 21st. ValuEngine lowered shares of Ocean Rig UDW from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd.
Shares of Ocean Rig UDW (ORIG) traded up 4.5740% during midday trading on Wednesday, reaching $0.1829. 230,137 shares of the company’s stock traded hands. Ocean Rig UDW has a 52-week low of $0.12 and a 52-week high of $2.89. The stock has a 50 day moving average of $0.18 and a 200-day moving average of $0.42.
COPYRIGHT VIOLATION NOTICE: This article was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this article can be accessed at https://www.thecerbatgem.com/2017/08/16/somewhat-positive-news-coverage-somewhat-unlikely-to-affect-ocean-rig-udw-orig-share-price-updated-updated.html.
Ocean Rig UDW 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.
Receive News & Stock Ratings for Ocean Rig UDW Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ocean Rig UDW Inc. and related stocks with our FREE daily email newsletter.