A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Short Interest Down 46.1% in January

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 29,000 shares, a decrease of 46.1% from the December 31st total of 53,800 shares. Based on an average daily trading volume, of 250,300 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. UBS Group downgraded A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a report on Thursday, October 17th. Wolfe Research downgraded A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 9th. Finally, Morgan Stanley cut shares of A.P. Møller – Mærsk A/S from an “equal weight” rating to an “underweight” rating in a report on Wednesday, December 4th. Four analysts have rated the stock with a sell rating and one has assigned a hold rating to the company’s stock. Based on data from MarketBeat, A.P. Møller – Mærsk A/S currently has a consensus rating of “Reduce”.

A.P. Møller – Mærsk A/S Stock Down 0.4 %

A.P. Møller – Mærsk A/S stock opened at $7.11 on Thursday. The company has a market capitalization of $22.51 billion, a P/E ratio of 6.18 and a beta of 1.17. A.P. Møller – Mærsk A/S has a fifty-two week low of $6.26 and a fifty-two week high of $9.75. The stock has a 50-day simple moving average of $8.03 and a 200-day simple moving average of $7.84. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.28 and a current ratio of 2.41.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last issued its quarterly earnings results on Thursday, October 31st. The transportation company reported $0.99 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.99. The firm had revenue of $15.76 billion during the quarter, compared to analysts’ expectations 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%. Equities research analysts expect that A.P. Møller – Mærsk A/S will post 1.71 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.