A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Receives Average Rating of “Reduce” from Analysts

Shares of A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) have earned an average rating of “Reduce” from the eight analysts that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company.

A number of equities research analysts have recently issued reports on AMKBY shares. Wolfe Research assumed coverage on A.P. Møller – Mærsk A/S in a research report on Monday, July 15th. They issued a “peer perform” rating for the company. JPMorgan Chase & Co. began 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.

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

Shares of OTCMKTS AMKBY opened at $8.35 on Friday. The company has a 50 day simple moving average of $7.71 and a two-hundred day simple moving average of $7.78. The stock has a market cap of $31.24 billion, a price-to-earnings ratio of 16.37 and a beta of 1.17. The company has a current ratio of 2.41, a quick ratio of 2.28 and a debt-to-equity ratio of 0.09. A.P. Møller – Mærsk A/S has a 12 month low of $6.26 and a 12 month high of $10.53.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last posted its 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. The firm had revenue of $12.77 billion for the quarter, compared to analysts’ expectations of $13.13 billion. A.P. Møller – Mærsk A/S had a return on equity of 1.62% and a net margin of 2.16%. As a group, analysts predict that A.P. Møller – Mærsk A/S will post 1.11 earnings per share 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.