A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Receives Average Recommendation of “Strong Sell” from Brokerages

Shares of A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) have been assigned an average recommendation of “Strong Sell” from the six brokerages that are presently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a sell rating and two have assigned a hold rating to the company.

AMKBY has been the subject of a number of research analyst reports. UBS Group lowered A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a research report on Thursday, October 17th. Morgan Stanley downgraded A.P. Møller – Mærsk A/S from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, December 4th. JPMorgan Chase & Co. assumed coverage on A.P. Møller – Mærsk A/S in a research report on Tuesday, September 10th. They set an “underweight” rating for the company. Finally, Wolfe Research lowered shares of A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 9th.

A.P. Møller – Mærsk A/S Trading Down 0.6 %

AMKBY stock opened at $8.47 on Monday. The company has a market capitalization of $26.81 billion, a price-to-earnings ratio of 7.37 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 has a 1-year low of $6.26 and a 1-year high of $10.53. The business has a 50 day simple moving average of $8.21 and a two-hundred day simple moving average of $7.98.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last posted its earnings results on Thursday, October 31st. The transportation company reported $0.99 earnings per share for the quarter, meeting the consensus estimate of $0.99. The company had revenue of $15.76 billion during the quarter, compared to analysts’ expectations of $15.66 billion. A.P. Møller – Mærsk A/S had a net margin of 6.82% and a return on equity of 6.48%. Research analysts anticipate that A.P. Møller – Mærsk A/S will post 1.46 EPS 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.