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 been assigned a consensus rating of “Reduce” from the eight brokerages that are covering the company, Marketbeat.com reports. Four 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 company.

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

A.P. Møller – Mærsk A/S Stock Up 3.3 %

Shares of A.P. Møller – Mærsk A/S stock opened at $8.42 on Thursday. 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 company has a market cap of $31.50 billion, a P/E ratio of 7.32 and a beta of 1.17. The firm’s 50 day moving average price is $7.98 and its 200-day moving average price is $8.02. A.P. Møller – Mærsk A/S has a 52-week low of $6.26 and a 52-week high of $10.53.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last announced 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 the consensus estimate 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%. On average, sell-side analysts predict 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.