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

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

A.P. Møller – Mærsk A/S Trading Up 0.4 %

Shares of AMKBY stock opened at $7.29 on Wednesday. A.P. Møller – Mærsk A/S has a twelve month low of $6.26 and a twelve month high of $9.96. The company has a market capitalization of $23.07 billion, a price-to-earnings ratio of 6.34 and a beta of 1.17. The firm has a 50-day moving average price of $8.20 and a 200 day moving average price of $7.94. 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 (OTCMKTS:AMKBY) last posted its quarterly earnings data on Thursday, October 31st. The transportation company reported $0.99 EPS for the quarter, meeting analysts’ consensus estimates 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 net margin of 6.82% and a return on equity of 6.48%. Research analysts forecast that A.P. Møller – Mærsk A/S will post 1.46 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on AMKBY. Morgan Stanley cut 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 downgraded A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 9th. 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. Four analysts have rated the stock with a sell rating and one has assigned a hold rating to the company. According to data from MarketBeat, A.P. Møller – Mærsk A/S presently has an average rating of “Reduce”.

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.