A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Short Interest Update

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 201,200 shares, an increase of 593.8% from the December 31st total of 29,000 shares. Based on an average trading volume of 357,000 shares, the short-interest ratio is currently 0.6 days.

Analyst Ratings Changes

Several equities analysts have weighed in on AMKBY shares. UBS Group cut A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a research note on Thursday, October 17th. Morgan Stanley cut A.P. Møller – Mærsk A/S from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, December 4th. Finally, Wolfe Research cut A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 9th. Four analysts have rated the stock with a sell rating and one has given a hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Reduce”.

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

Shares of OTCMKTS AMKBY traded down $0.03 during mid-day trading on Thursday, reaching $7.11. 744,617 shares of the company’s stock were exchanged, compared to its average volume of 140,876. The firm has a 50-day moving average price of $8.00 and a two-hundred day moving average price of $7.83. A.P. Møller – Mærsk A/S has a 52 week low of $6.26 and a 52 week high of $9.75. The firm has a market capitalization of $22.51 billion, a price-to-earnings ratio of 6.18 and a beta of 1.17. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.41 and a quick ratio of 2.28.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last announced its quarterly earnings data on Thursday, October 31st. The transportation company reported $0.99 earnings per share for the quarter, hitting the consensus estimate of $0.99. A.P. Møller – Mærsk A/S had a return on equity of 6.48% and a net margin of 6.82%. The company had revenue of $15.76 billion during the quarter, compared to analyst estimates of $15.66 billion. Analysts predict that A.P. Møller – Mærsk A/S will post 1.71 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.