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Ocean Rig (ORIG) is now in Oversold Territory

Zacks Equity Research

Ocean Rig UDW Inc ’s (NASD:ORIG) share price has entered into oversold territory with an RSI value of 29.1. The Zacks Consensus Estimate for Ocean Rig for the full year period has narrowed 2 cents over the past two months to 80 cents per share. Currently, Ocean Rig has a Zacks Rank #2 (Buy), suggesting that now might be a good time to get in on (NASD:ORIG) after its recent drop.

OCEAN RIG UDW INC (ORIG): Free Stock Analysis Report

Zacks Investment Research