News articles about Atwood Oceanics (NYSE:ATW) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Atwood Oceanics earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the offshore driller an impact score of 46.4363964601413 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the media headlines that may have effected Accern Sentiment’s analysis:

Shares of Atwood Oceanics (ATW) opened at $9.32 on Thursday. The company has a current ratio of 8.80, a quick ratio of 7.45 and a debt-to-equity ratio of 0.38. Atwood Oceanics has a 52-week low of $5.91 and a 52-week high of $15.37.

A number of research firms recently weighed in on ATW. Zacks Investment Research cut Atwood Oceanics from a “hold” rating to a “sell” rating in a report on Friday, October 6th. Jefferies Group LLC set a $10.00 price target on Atwood Oceanics and gave the stock a “hold” rating in a report on Thursday, October 5th. ValuEngine cut Atwood Oceanics from a “buy” rating to a “hold” rating in a report on Thursday, September 28th. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $9.00 price target on shares of Atwood Oceanics in a report on Tuesday, September 19th. Finally, Citigroup Inc. reaffirmed a “neutral” rating on shares of Atwood Oceanics in a report on Thursday, August 31st. Five equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $11.31.

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Atwood Oceanics Company Profile

Atwood Oceanics, Inc is an offshore drilling company engaged in the drilling and completion of exploration and development wells for the global oil and gas industry. The Company owns various types of drilling rigs, such as Ultra-Deepwater Rigs, Deepwater Semisubmersibles and Jackups. Its Ultra-deepwater Rigs and Deepwater Semisubmersibles include Atwood Achiever, Atwood Archer, Atwood Admiral, Atwood Advantage, Atwood Condor, Atwood Eagle and Atwood Osprey.

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