A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Sees Significant Growth in Short Interest

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totalling 42,900 shares, an increase of 387.5% from the April 15th total of 8,800 shares. Based on an average daily volume of 359,600 shares, the short-interest ratio is presently 0.1 days.

A.P. Møller – Mærsk A/S Price Performance

Shares of OTCMKTS AMKBY traded up $0.24 during midday trading on Friday, hitting $7.99. The stock had a trading volume of 354,018 shares, compared to its average volume of 360,815. The company has a quick ratio of 2.37, a current ratio of 2.50 and a debt-to-equity ratio of 0.08. The stock has a 50 day simple moving average of $6.88 and a 200-day simple moving average of $7.85. The company has a market capitalization of $29.89 billion, a PE ratio of 15.67 and a beta of 1.25. A.P. Møller – Mærsk A/S has a 1 year low of $6.26 and a 1 year high of $10.60.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last announced its earnings results on Thursday, May 2nd. The transportation company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.03. The company had revenue of $12.36 billion for the quarter. A.P. Møller – Mærsk A/S had a net margin of 3.48% and a return on equity of 0.65%. On average, sell-side analysts expect that A.P. Møller – Mærsk A/S will post -0.02 EPS for the current fiscal year.

A.P. Møller – Mærsk A/S Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, April 3rd. Investors of record on Monday, March 18th were paid a dividend of $0.2412 per share. The ex-dividend date was Friday, March 15th. A.P. Møller – Mærsk A/S’s dividend payout ratio is presently 47.06%.

Wall Street Analysts Forecast Growth

AMKBY has been the subject of a number of recent analyst reports. BNP Paribas cut A.P. Møller – Mærsk A/S from an “outperform” rating to a “neutral” rating in a research report on Thursday, January 11th. Sanford C. Bernstein initiated coverage on shares of A.P. Møller – Mærsk A/S in a research report on Wednesday, February 21st. They set an “underperform” rating for the company. Five equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, A.P. Møller – Mærsk A/S presently has a consensus rating of “Hold”.

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.