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

A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) was the recipient of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 21,500 shares, a decrease of 89.3% from the January 15th total of 201,200 shares. Based on an average trading volume of 524,800 shares, the short-interest ratio is currently 0.0 days.

A.P. Møller - Mærsk A/S Trading Up 3.4 %

OTCMKTS:AMKBY traded up $0.28 on Friday, reaching $8.46. The stock had a trading volume of 192,955 shares, compared to its average volume of 285,246. The company has a market cap of $26.78 billion, a price-to-earnings ratio of 4.34 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. The firm's fifty day moving average is $7.86 and its two-hundred day moving average is $7.83. A.P. Møller - Mærsk A/S has a 12-month low of $6.26 and a 12-month high of $9.75.

A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) last released its earnings results on Thursday, February 13th. The transportation company reported $0.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.27. A.P. Møller - Mærsk A/S had a net margin of 11.01% and a return on equity of 11.22%. Equities analysts expect that A.P. Møller - Mærsk A/S will post 0.49 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Morgan Stanley cut shares of A.P. Møller - Mærsk A/S from an "equal weight" rating to an "underweight" rating in a research note on Wednesday, December 4th. Four equities research analysts have rated the stock with a sell rating and one has issued a hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Reduce".

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.