Home / Business / Active Broker’s Concerns In Focus: Ocean Rig (NASDAQ:ORIG), Raytheon (NYSE:RTN), Moody’s Corporation (MCO)

Active Broker’s Concerns In Focus: Ocean Rig (NASDAQ:ORIG), Raytheon (NYSE:RTN), Moody’s Corporation (MCO)

Shares of Ocean Rig UDW LLC (NASDAQ:ORIG) [Trend Analysis] swings enthusiastically in regular trading session, it a loss of -1.27% to close at $0.78. Ocean Rig UDW Inc. (ORIG) reported it has attained written notification from The Nasdaq Stock Market dated September 26, 2016, indicating that because the closing offer price of the Firm’s ordinary stock for 30 consecutive business days, from August 12, 2016 to September 23, 2016. It was below the minimum $1.00 per share offer price requirement for continued listing on the Nasdaq Global Select Market, the Firm is not in compliance with Nasdaq Listing Rule 5550(a)(2). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the applicable grace period to regain compliance is 180 days, or until March 27, 2017. Moving forward to saw long-term intention, the experts calculate Return on Investment of 2.40%. The stock is going forward its fifty-two week low with 18.18% and lagging behind from its 52-week high price with -76.92%. ORIG last month stock price volatility remained 7.66%.

Raytheon Firm (NYSE:RTN) [Trend Analysis] retains strong position in active trade, as shares scoring 0.41% to $139.11 in a active trade session, while looking at the shares volume, about 1.16 Million shares have changed hands in this session. CPI Aerostructures, Inc. (NYSEMKT:CVU ) reported that Raytheon Firm (NYSE :RTN) has awarded CPI Aero a contract valued at about $2.7 million to manufacture air management system (AMS) door and duct assemblies for the Engineering and Manufacturing Development (EMD) phase of the Next Generation Jammer Increment 1 Pod.

In July 2016, CPI Aero reported a $4 million award from Raytheon for pod structural housings of the NGJ Inc I Pod. AMS door and duct assemblies are installed within the pod housing. CPI Aero expects to complete its work under the new contract in 2018. As noted in a July 11, 2016 press release announcing the Firm’s initial contract on the NGJ Inc 1 Pod, Raytheon attained a $1 billion sole source contract from the U.S. Navy in April 2016 for the EMD phase of the NGJ, an external jamming pod that will disrupt and degrade enemy aircraft and ground radar and communication systems, and will replace the ALQ-99 system on the U.S. Navy’s EA-18G GROWLER® carrier-based electronic warfare aircraft. Following a successful development program, the U.S. Navy plans to install NGJ Inc 1 Pods on 135 EA-18G GROWLER® aircraft during the NGJ Inc 1 Pod production phase. There are two pods per aircraft. The firm has institutional ownership of 78.90%, while insider ownership included 0.20%. RTN attains analyst recommendation of 1.80 with week’s performance of 1.05%. Investors looking additional ahead will note that the Price to next year’s EPS is 4.17%.

Moody’s Corporation (NYSE:MCO) [Trend Analysis] knocking active thrust in leading trading session, shares a gain of 0.92% to 109.99 with about 1.05 Million shares have changed hands in this session. The stock is going forward its fifty-two week low with 43.15% and lagging behind from its 52-week high price with -0.76%.

Same, the positive performance for the quarter recorded as 23.89% and for the year was 15.27%, while the YTD performance remained at 10.93%. MCO has Average True Range for 14 days of 1.69.


About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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