Stock price performance of Ocean Rig UDW Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 15.39% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 56.36% . Looking at the past 52 week period, the stock price is up at 33.66% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Ocean Rig UDW Inc. has a positive value of 112.12 compared to overall market. The shares have received a consensus rating of Sell for the current week The stock has recorded a 20-day Moving Average of 7.18% and the 50-Day Moving Average is 6.93%.The 200 Day SMA reached 3.2%
Ocean Rig UDW LLC is having a Relative Strength Index of 35.43 which indicates the stock is not yet over sold or over bought based on the technical indicators. Ocean Rig UDW Inc. (NASDAQ:ORIG) has tumbled 16.15% during the past week and has dropped 27.03% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 16.25%. Ocean Rig UDW Inc. (NASDAQ:ORIG) has underperformed the index by 27.68% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Ocean Rig UDW Inc Last issued its quarterly earnings results on Dec 14, 2016. The company reported $0.47 EPS for the quarter, missing the analyst consensus estimate by $ -0.23. Analyst had a consensus of $0.70. The company had revenue of $335.00 million for the quarter, compared to analysts expectations of $358.31 million. The companys revenue was down -23.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.58 EPS.
Ocean Rig UDW Inc. (NASDAQ:ORIG) : On Friday heightened volatility was witnessed in Ocean Rig UDW Inc. (NASDAQ:ORIG) which led to swings in the share price. The stock opened for trading at $1.36 and hit $1.4 on the upside , eventually ending the session at $1.35, with a gain of 2.27% or 0.03 points. The heightened volatility saw the trading volume jump to 1,792,062 shares. The 52-week high of the share price is $3.38 and the company has a market cap of $111 million. The 52-week low of the share price is at $0.6601 .
Ocean Rig UDW Inc. is engaged in providing offshore drilling services to oil and gas exploration, development and production drilling industry. The Company specializes in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. Ocean Rig UDW Inc., formerly known as Primelead Shareholders Inc., is based in Sandnes, Norway.