A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) saw a large drop in short interest in December. As of December 15th, there was short interest totalling 53,800 shares, a drop of 29.8% from the November 30th total of 76,600 shares. Based on an average daily volume of 280,300 shares, the days-to-cover ratio is presently 0.2 days.
A.P. Møller - Mærsk A/S Price Performance
A.P. Møller - Mærsk A/S stock traded up $0.06 on Friday, reaching $8.37. The company's stock had a trading volume of 91,466 shares, compared to its average volume of 249,028. A.P. Møller - Mærsk A/S has a twelve month low of $6.26 and a twelve month high of $10.53. The company has a market cap of $26.50 billion, a price-to-earnings ratio of 7.28 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's fifty day moving average price is $8.14 and its 200 day moving average price is $7.98.
A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The transportation company reported $0.99 earnings per share for the quarter, meeting 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 6.48%. The firm had revenue of $15.76 billion during the quarter, compared to analysts' expectations of $15.66 billion. Equities analysts expect that A.P. Møller - Mærsk A/S will post 1.46 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on AMKBY shares. 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. Wolfe Research downgraded A.P. Møller - Mærsk A/S from a "hold" rating to a "strong sell" rating in a report on Wednesday, October 9th. JPMorgan Chase & Co. started coverage on A.P. Møller - Mærsk A/S in a report on Tuesday, September 10th. They issued an "underweight" rating for the company. Finally, Morgan Stanley lowered A.P. Møller - Mærsk A/S from an "equal weight" rating to an "underweight" rating in a research note on Wednesday, December 4th. Four analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat.com, A.P. Møller - Mærsk A/S presently has an average rating of "Hold".
Check Out Our Latest Report on A.P. Møller - Mærsk A/S
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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