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

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) saw a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 29,200 shares, a decline of 6.7% from the May 15th total of 31,300 shares. Based on an average daily volume of 372,600 shares, the days-to-cover ratio is currently 0.1 days.

A.P. Møller – Mærsk A/S Stock Up 2.6 %

Shares of AMKBY opened at $8.35 on Tuesday. The firm has a market cap of $31.24 billion, a P/E ratio of 16.37 and a beta of 1.22. A.P. Møller – Mærsk A/S has a 12-month low of $6.26 and a 12-month high of $10.60. The company’s 50-day moving average price is $7.94 and its 200 day moving average price is $8.03. The company has a current ratio of 2.43, a quick ratio of 2.30 and a debt-to-equity ratio of 0.10.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last issued its quarterly earnings results on Thursday, May 2nd. The transportation company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 0.66%. On average, sell-side analysts forecast that A.P. Møller – Mærsk A/S will post 0.11 earnings per share for the current year.

A.P. Møller – Mærsk A/S Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Thursday, May 30th were paid a dividend of $0.2839 per share. The ex-dividend date was Wednesday, May 29th. This is a positive change from A.P. Møller – Mærsk A/S’s previous dividend of $0.24. This represents a yield of 3.31%. A.P. Møller – Mærsk A/S’s dividend payout ratio is 47.06%.

Analyst Ratings Changes

Separately, Sanford C. Bernstein initiated coverage on shares of A.P. Møller – Mærsk A/S in a research note on Wednesday, February 21st. They set an “underperform” rating on the stock. Five analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

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.