A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Receives Consensus Rating of “Reduce” from Analysts

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) has received an average recommendation of “Reduce” from the seven research firms that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has issued a buy recommendation on the company.

AMKBY has been the subject of several recent analyst reports. Wolfe Research lowered shares of 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 set an “underweight” rating for the company. Finally, UBS Group cut A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a report on Thursday, October 17th.

A.P. Møller – Mærsk A/S Stock Down 3.7 %

Shares of A.P. Møller – Mærsk A/S stock opened at $7.57 on Wednesday. A.P. Møller – Mærsk A/S has a 52-week low of $6.26 and a 52-week high of $10.53. The firm has a market cap of $28.32 billion, a price-to-earnings ratio of 14.84 and a beta of 1.17. The stock has a 50-day simple moving average of $7.62 and a 200-day simple moving average of $7.89. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.41 and a quick ratio of 2.28.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last announced its quarterly earnings data on Wednesday, August 7th. The transportation company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01. A.P. Møller – Mærsk A/S had a return on equity of 1.62% and a net margin of 2.16%. The company had revenue of $12.77 billion during the quarter, compared to the consensus estimate of $13.13 billion. On average, equities research analysts expect that A.P. Møller – Mærsk A/S will post 1.08 earnings per share for the current fiscal 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.