A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY) Sees Large Decline in Short Interest

A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) was the target of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 76,600 shares, a decline of 28.0% from the November 15th total of 106,400 shares. Based on an average trading volume of 400,800 shares, the short-interest ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AMKBY. JPMorgan Chase & Co. initiated coverage on A.P. Møller - Mærsk A/S in a report on Tuesday, September 10th. They set an "underweight" rating for the company. Wolfe Research cut shares of A.P. Møller - Mærsk A/S from a "hold" rating to a "strong sell" rating in a research note on Wednesday, October 9th. 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. Finally, Morgan Stanley lowered shares of A.P. Møller - Mærsk A/S from an "equal weight" rating to an "underweight" rating in a research report on Wednesday, December 4th. Four analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, A.P. Møller - Mærsk A/S presently has an average rating of "Hold".

A.P. Møller - Mærsk A/S Trading Up 3.3 %

Shares of OTCMKTS AMKBY traded up $0.27 during trading hours on Friday, hitting $8.42. The company's stock had a trading volume of 56,698 shares, compared to its average volume of 253,415. A.P. Møller - Mærsk A/S has a 12 month low of $6.26 and a 12 month high of $10.53. The stock has a market cap of $31.50 billion, a price-to-earnings ratio of 7.09 and a beta of 1.17. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.28 and a current ratio of 2.41. The business has a 50-day simple moving average of $7.96 and a 200-day simple moving average of $8.04.

A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The transportation company reported $0.99 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.99. A.P. Møller - Mærsk A/S had a net margin of 6.82% and a return on equity of 6.48%. The business had revenue of $15.76 billion for the quarter, compared to the consensus estimate of $15.66 billion. On average, analysts anticipate that A.P. Møller - Mærsk A/S will post 1.46 earnings per share for the current fiscal year.

A.P. Møller - Mærsk A/S Company Profile

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.