A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY) Short Interest Update

A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 29,000 shares, a drop of 46.1% from the December 31st total of 53,800 shares. Based on an average daily trading volume, of 250,300 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

AMKBY has been the topic of a number of recent analyst reports. UBS Group cut A.P. Møller - Mærsk A/S from a "buy" rating to a "neutral" rating in a research report on Thursday, October 17th. Morgan Stanley cut 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. Finally, Wolfe Research lowered 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. Four equities research analysts have rated the stock with a sell rating and one has issued a hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Reduce".

A.P. Møller - Mærsk A/S Stock Up 0.3 %

AMKBY traded up $0.02 during midday trading on Friday, reaching $7.31. 88,097 shares of the company were exchanged, compared to its average volume of 190,443. The company has a market cap of $23.14 billion, a price-to-earnings ratio of 6.36 and a beta of 1.17. A.P. Møller - Mærsk A/S has a one year low of $6.26 and a one year high of $9.75. The company's fifty day moving average price is $7.95 and its 200 day moving average price is $7.82. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.41 and a current ratio of 2.53.

A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) last posted its earnings results on Thursday, October 31st. The transportation company reported $0.99 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.99. A.P. Møller - Mærsk A/S had a net margin of 6.82% and a return on equity of 6.40%. The firm had revenue of $15.76 billion during the quarter, compared to analyst estimates of $15.66 billion. As a group, analysts expect that A.P. Møller - Mærsk A/S will post 1.71 EPS for the current year.

About A.P. Møller - Mærsk A/S

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.