A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Lowered to Neutral at UBS Group

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) was downgraded by equities research analysts at UBS Group from a “buy” rating to a “neutral” rating in a report issued on Thursday, MarketBeat.com reports.

AMKBY has been the topic of several other reports. 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. JPMorgan Chase & Co. initiated coverage on shares of A.P. Møller – Mærsk A/S in a research note on Tuesday, September 10th. They set an “underweight” rating for the company. Three analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold”.

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

AMKBY stock opened at $7.61 on Thursday. A.P. Møller – Mærsk A/S has a 1 year low of $6.26 and a 1 year high of $10.53. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.41 and a quick ratio of 2.28. The stock has a market cap of $28.47 billion, a price-to-earnings ratio of 14.92 and a beta of 1.17. The company has a 50 day simple moving average of $7.62 and a 200 day simple moving average of $7.86.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last announced its quarterly earnings results on Wednesday, August 7th. The transportation company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $12.77 billion during the quarter, compared to the consensus estimate of $13.13 billion. Research analysts anticipate that A.P. Møller – Mærsk A/S will post 1.08 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.