News stories about Ocean Rig UDW (NASDAQ:ORIG) have trended positive recently, according to Alpha One. The research group, a division of Accern, identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ocean Rig UDW earned a news impact score of 0.28 on Alpha One’s scale. Alpha One also assigned media stories about the oil and gas company an impact score of 43 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the media stories that may have effected Alpha One Sentiment Analysis’s scoring:

Shares of Ocean Rig UDW (NASDAQ:ORIG) traded up 0.4495% on Tuesday, hitting $0.2458. The stock had a trading volume of 248,514 shares. Ocean Rig UDW has a 12 month low of $0.17 and a 12 month high of $3.38. The firm’s 50-day moving average price is $0.52 and its 200 day moving average price is $1.16.

A number of research analysts have recently weighed in on the company. Zacks Investment Research lowered Ocean Rig UDW from a “buy” rating to a “hold” rating in a research report on Tuesday, December 20th. TheStreet lowered Ocean Rig UDW from a “c” rating to a “d-” rating in a research report on Thursday, February 23rd.

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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.

5 Day Chart for NASDAQ:ORIG

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