Ocean Rig UDW Inc. New (ORIG) Trades at $25.56 After Triangle; Lightinthebox Holding Company Limited (LITB) Shorts Down By 2.1%

November 15, 2017 - By Clifton Ray

Ocean Rig UDW Inc. New (ORIG) formed triangle with $26.58 target or 4.00% above today’s $25.56 share price. Ocean Rig UDW Inc. New (ORIG) has $2.37 billion valuation. The stock decreased 2.07% or $0.54 on November 14, reaching $25.56. About shares traded. Ocean Rig UDW Inc. New (NASDAQ:ORIG) has declined 87.33% since November 15, 2016 and is downtrending. It has underperformed by 104.03% the S&P500.

Lightinthebox Holding Company Limited (NYSE:LITB) had a decrease of 2.1% in short interest. LITB’s SI was 51,200 shares in November as released by FINRA. Its down 2.1% from 52,300 shares previously. With 40,200 avg volume, 1 days are for Lightinthebox Holding Company Limited (NYSE:LITB)’s short sellers to cover LITB’s short positions. The stock decreased 0.52% or $0.01 on November 14, reaching $1.92. About shares traded. Lightinthebox Holding Co Ltd-ADR (NYSE:LITB) has declined 9.72% since November 15, 2016 and is downtrending. It has underperformed by 26.42% the S&P500.




LightInTheBox Holding Co., Ltd. is an online retail firm that delivers products directly to clients around the world. The company has market cap of $132.31 million. The Firm offers a range of products through www.lightinthebox.com, www.miniinthebox.com and its other Websites, as well as mobile applications, which are available in approximately 30 languages. It currently has negative earnings. It has over 687,800 product listings.

Among 7 analysts covering Ocean Rig UDW (NASDAQ:ORIG), 1 have Buy rating, 5 Sell and 1 Hold. Therefore 14% are positive. Ocean Rig UDW had 14 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of Ocean Rig UDW Inc. New (NASDAQ:ORIG) earned “Underweight” rating by Simmons & Co on Friday, March 11. Danske Bank downgraded the stock to “Sell” rating in Tuesday, February 9 report. The rating was maintained by Deutsche Bank with “Buy” on Friday, March 11. The stock of Ocean Rig UDW Inc. New (NASDAQ:ORIG) earned “Hold” rating by Deutsche Bank on Tuesday, August 16. The rating was downgraded by Piper Jaffray on Friday, March 11 to “Underweight”. The company was upgraded on Tuesday, August 18 by Zacks. Danske upgraded the stock to “Sell” rating in Monday, August 10 report. On Monday, August 17 the stock rating was maintained by Cowen & Co with “Outperform”.

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