A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Receives Average Recommendation of “Strong Sell” from Brokerages

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) has earned an average rating of “Strong Sell” from the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a sell recommendation and two have issued a hold recommendation on the company.

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

A.P. Møller – Mærsk A/S Stock Down 0.6 %

A.P. Møller – Mærsk A/S stock opened at $8.47 on Monday. The firm has a market cap of $26.81 billion, a price-to-earnings ratio of 7.37 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. The stock has a fifty day simple moving average of $8.21 and a two-hundred day simple moving average of $7.98.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last released its quarterly earnings data on Thursday, October 31st. The transportation company reported $0.99 EPS for the quarter, hitting 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 return on equity of 6.48% and a net margin of 6.82%. Equities 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.