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

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totalling 53,800 shares, a decline of 29.8% from the November 30th total of 76,600 shares. Based on an average daily trading volume, of 280,300 shares, the days-to-cover ratio is currently 0.2 days.

A.P. Møller – Mærsk A/S Trading Up 0.7 %

OTCMKTS AMKBY opened at $8.37 on Monday. A.P. Møller – Mærsk A/S has a 52 week low of $6.26 and a 52 week high of $10.53. The firm has a 50 day moving average of $8.14 and a two-hundred day moving average of $7.97. The company has a quick ratio of 2.28, a current ratio of 2.41 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $26.50 billion, a PE ratio of 7.28 and a beta of 1.17.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last issued its earnings results on Thursday, October 31st. The transportation company reported $0.99 EPS for the quarter, hitting 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 firm had revenue of $15.76 billion during the quarter, compared to the consensus estimate of $15.66 billion. As a group, research analysts expect that A.P. Møller – Mærsk A/S will post 1.46 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Morgan Stanley downgraded A.P. Møller – Mærsk A/S from an “equal weight” rating to an “underweight” rating in a report on Wednesday, December 4th. UBS Group lowered shares of A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a research note on Thursday, October 17th. Wolfe Research lowered shares of A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 9th. Finally, JPMorgan Chase & Co. initiated coverage on shares of A.P. Møller – Mærsk A/S in a research note on Tuesday, September 10th. They set an “underweight” rating on the stock. Four equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the 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.