A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Given Consensus Rating of “Reduce” by Analysts

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) has received an average rating of “Reduce” from the eight analysts that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company.

Separately, Wolfe Research initiated coverage on A.P. Møller – Mærsk A/S in a research note on Monday, July 15th. They issued a “peer perform” rating for the company.

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

Shares of AMKBY stock opened at $7.10 on Tuesday. The stock’s 50-day moving average is $7.93 and its 200 day moving average is $7.70. A.P. Møller – Mærsk A/S has a 1-year low of $6.26 and a 1-year high of $10.53. 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 company has a market cap of $26.56 billion, a P/E ratio of 13.92 and a beta of 1.17.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last released its quarterly earnings results on Wednesday, August 7th. The transportation company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.01. The business had revenue of $12.77 billion for the quarter, compared to analyst estimates of $13.13 billion. A.P. Møller – Mærsk A/S had a net margin of 2.16% and a return on equity of 1.62%. Research analysts predict that A.P. Møller – Mærsk A/S will post 1.11 earnings per share for the current fiscal year.

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.