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

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) was the recipient of a significant decrease in short interest in August. As of August 15th, there was short interest totalling 23,900 shares, a decrease of 9.5% from the July 31st total of 26,400 shares. Based on an average daily trading volume, of 386,400 shares, the days-to-cover ratio is currently 0.1 days.

A.P. Møller – Mærsk A/S Stock Down 1.6 %

Shares of OTCMKTS AMKBY opened at $7.40 on Monday. A.P. Møller – Mærsk A/S has a one year low of $6.26 and a one year high of $10.53. The company has a current ratio of 2.41, a quick ratio of 2.28 and a debt-to-equity ratio of 0.09. The firm’s 50 day simple moving average is $8.05 and its two-hundred day simple moving average is $7.71.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last issued its quarterly earnings results on Wednesday, August 7th. The transportation company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.01. A.P. Møller – Mærsk A/S had a net margin of 2.16% and a return on equity of 1.62%. The business had revenue of $12.77 billion for the quarter, compared to analysts’ expectations of $13.13 billion. As a group, sell-side analysts anticipate that A.P. Møller – Mærsk A/S will post 1.11 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Wolfe Research began coverage on shares of A.P. Møller – Mærsk A/S in a report on Monday, July 15th. They issued a “peer perform” rating on the stock. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average 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.