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 significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 29,000 shares, a decline of 46.1% from the December 15th total of 53,800 shares. Based on an average daily volume of 250,300 shares, the short-interest ratio is currently 0.1 days.

A.P. Møller - Mærsk A/S Stock Down 2.9 %

AMKBY stock traded down $0.22 during trading on Tuesday, reaching $7.26. 397,341 shares of the company traded hands, compared to its average volume of 169,363. The business has a 50 day simple moving average of $8.22 and a 200 day simple moving average of $7.95. A.P. Møller - Mærsk A/S has a 12 month low of $6.26 and a 12 month high of $9.96. 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 company has a market capitalization of $22.98 billion, a price-to-earnings ratio of 6.31 and a beta of 1.17.

A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The transportation company reported $0.99 earnings per share for the quarter, meeting analysts' consensus estimates 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 business had revenue of $15.76 billion for the quarter, compared to analysts' expectations of $15.66 billion. On average, equities research analysts anticipate that A.P. Møller - Mærsk A/S will post 1.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

AMKBY has been the topic of several research reports. 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. Wolfe Research downgraded 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. Finally, UBS Group cut shares of A.P. Møller - Mærsk A/S from a "buy" rating to a "neutral" rating in a research report on Thursday, October 17th. Four analysts have rated the stock with a sell rating and one has given a hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Reduce".

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.