ValuEngine downgraded shares of Ocean Rig UDW Inc. New (NASDAQ:ORIG) from a buy rating to a hold rating in a report issued on Wednesday.
ORIG has been the topic of a number of other reports. BidaskClub upgraded shares of Ocean Rig UDW Inc. New from a strong sell rating to a sell rating in a research note on Thursday, February 22nd. Credit Suisse Group started coverage on shares of Ocean Rig UDW Inc. New in a research note on Friday, December 15th. They issued an outperform rating on the stock.
Shares of Ocean Rig UDW Inc. New (NASDAQ:ORIG) traded up $0.47 during trading hours on Wednesday, reaching $25.56. 160,870 shares of the company traded hands, compared to its average volume of 128,410. Ocean Rig UDW Inc. New has a one year low of $20.22 and a one year high of $40.00. The company has a debt-to-equity ratio of 0.21, a quick ratio of 4.61 and a current ratio of 1.86.
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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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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