A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 43,000 shares, an increase of 56.9% from the February 13th total of 27,400 shares. Based on an average daily volume of 419,900 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.
Analyst Ratings Changes
Separately, Morgan Stanley cut A.P. Møller - Mærsk A/S from an "equal weight" rating to an "underweight" rating in a report on Wednesday, December 4th.
Check Out Our Latest Stock Report on AMKBY
A.P. Møller - Mærsk A/S Price Performance
Shares of OTCMKTS AMKBY traded up $0.16 during trading on Wednesday, reaching $9.35. The company had a trading volume of 305,639 shares, compared to its average volume of 222,545. A.P. Møller - Mærsk A/S has a twelve month low of $6.26 and a twelve month high of $9.76. The stock has a market capitalization of $29.60 billion, a PE ratio of 4.79 and a beta of 1.07. The stock has a 50-day moving average price of $8.14 and a two-hundred day moving average price of $8.01. The company has a current ratio of 2.45, a quick ratio of 2.33 and a debt-to-equity ratio of 0.08.
A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The transportation company reported $0.69 earnings per share for the quarter, topping analysts' consensus estimates of $0.42 by $0.27. A.P. Møller - Mærsk A/S had a return on equity of 11.03% and a net margin of 11.01%. As a group, sell-side analysts predict that A.P. Møller - Mærsk A/S will post 0.41 earnings per share for the current year.
A.P. Møller - Mærsk A/S Increases Dividend
The firm also recently announced a dividend, which will be paid on Monday, April 7th. Investors of record on Thursday, March 20th will be paid a $0.7832 dividend. This is a positive change from A.P. Møller - Mærsk A/S's previous dividend of $0.28. The ex-dividend date is Thursday, March 20th. A.P. Møller - Mærsk A/S's dividend payout ratio is presently 25.64%.
About A.P. Møller - Mærsk A/S
(
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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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