A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) announced its quarterly earnings results on Thursday. The transportation company reported $0.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.27, Zacks reports. A.P. Møller - Mærsk A/S had a net margin of 11.01% and a return on equity of 11.22%.
A.P. Møller - Mærsk A/S Trading Up 2.8 %
Shares of AMKBY traded up $0.22 during midday trading on Monday, hitting $7.98. The stock had a trading volume of 121,121 shares, compared to its average volume of 245,578. A.P. Møller - Mærsk A/S has a 1 year low of $6.26 and a 1 year high of $9.75. The stock's 50 day moving average is $7.90 and its 200 day moving average is $7.82. The firm has a market cap of $25.26 billion, a PE ratio of 4.09 and a beta of 1.14. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.53 and a quick ratio of 2.41.
Wall Street Analyst Weigh In
Several research analysts have issued reports on AMKBY shares. Morgan Stanley cut A.P. Møller - Mærsk A/S from an "equal weight" rating to an "underweight" rating in a research report on Wednesday, December 4th. UBS Group cut shares of A.P. Møller - Mærsk A/S from a "buy" rating to a "neutral" rating in a research note on Thursday, October 17th. Four equities research analysts have rated the stock with a sell rating and one has issued a hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Reduce".
Check Out Our Latest Report on AMKBY
A.P. Møller - Mærsk A/S Company Profile
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A.P. Møller - Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs.
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