Short Interest in A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Grows By 56.9%

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 43,000 shares, a growth of 56.9% from the February 13th total of 27,400 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 419,900 shares, the days-to-cover ratio is presently 0.1 days.

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

Shares of AMKBY stock opened at $8.72 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.45 and a quick ratio of 2.33. The stock has a 50 day simple moving average of $8.11 and a 200-day simple moving average of $7.98. The company has a market cap of $27.61 billion, a price-to-earnings ratio of 4.47 and a beta of 1.07. A.P. Møller – Mærsk A/S has a 1-year low of $6.26 and a 1-year high of $9.76.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last released its earnings results on Thursday, February 13th. The transportation company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.27. A.P. Møller – Mærsk A/S had a net margin of 11.01% and a return on equity of 11.03%. On average, equities research analysts expect that A.P. Møller – Mærsk A/S will post 0.41 EPS for the current fiscal year.

A.P. Møller – Mærsk A/S Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, April 7th. Shareholders of record on Thursday, March 20th will be issued a $0.7832 dividend. This is a positive change from A.P. Møller – Mærsk A/S’s previous dividend of $0.28. The ex-dividend date of this dividend is Thursday, March 20th. A.P. Møller – Mærsk A/S’s payout ratio is presently 25.64%.

Analyst Upgrades and Downgrades

Separately, 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.

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.