Ocean Rig UDW (NASDAQ:ORIG) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued on Friday.
Separately, DNB Markets upgraded Ocean Rig UDW from a “hold” rating to a “buy” rating in a research note on Monday, October 23rd.
Ocean Rig UDW (NASDAQ:ORIG) traded down $0.09 during mid-day trading on Friday, reaching $24.10. The company’s stock had a trading volume of 207,608 shares, compared to its average volume of 209,938. Ocean Rig UDW has a fifty-two week low of $20.22 and a fifty-two week high of $40.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.61 and a quick ratio of 4.61.
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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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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