A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY) Cut to "Neutral" at UBS Group

A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) was downgraded by equities research analysts at UBS Group from a "buy" rating to a "neutral" rating in a research note issued to investors on Thursday, MarketBeat.com reports.

Several other research firms have also recently issued reports on AMKBY. Wolfe Research cut shares of A.P. Møller - Mærsk A/S from a "hold" rating to a "strong sell" rating in a research report on Wednesday, October 9th. JPMorgan Chase & Co. started coverage on shares of A.P. Møller - Mærsk A/S in a research note on Tuesday, September 10th. They issued an "underweight" rating on the stock. Three equities research 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's stock. According to data from MarketBeat.com, A.P. Møller - Mærsk A/S currently has a consensus rating of "Hold".

A.P. Møller - Mærsk A/S Trading Down 1.6 %

Shares of OTCMKTS:AMKBY traded down $0.12 during mid-day trading on Thursday, reaching $7.34. 146,936 shares of the company were exchanged, compared to its average volume of 263,409. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.41 and a quick ratio of 2.28. The firm's 50-day simple moving average is $7.62 and its 200 day simple moving average is $7.85. A.P. Møller - Mærsk A/S has a 1 year low of $6.26 and a 1 year high of $10.53. The firm has a market cap of $27.46 billion, a price-to-earnings ratio of 14.39 and a beta of 1.17.

A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The transportation company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.19 by $0.01. A.P. Møller - Mærsk A/S had a net margin of 2.16% and a return on equity of 1.62%. The business had revenue of $12.77 billion during the quarter, compared to analyst estimates of $13.13 billion. Equities research analysts forecast that A.P. Møller - Mærsk A/S will post 1.08 EPS for the current 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.