Short Interest in A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Expands By 27.4%

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) saw a large growth in short interest in February. As of February 15th, there was short interest totalling 27,400 shares, a growth of 27.4% from the January 31st total of 21,500 shares. Based on an average trading volume of 581,000 shares, the days-to-cover ratio is presently 0.0 days.

A.P. Møller – Mærsk A/S Stock Performance

Shares of AMKBY stock opened at $8.90 on Wednesday. The firm has a market capitalization of $28.18 billion, a PE ratio of 4.56 and a beta of 1.14. The firm has a fifty day simple moving average of $8.00 and a two-hundred day simple moving average of $7.92. The company has a current ratio of 2.45, a quick ratio of 2.33 and a debt-to-equity ratio of 0.08. A.P. Møller – Mærsk A/S has a 12 month low of $6.26 and a 12 month high of $9.75.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last announced its quarterly earnings results on Thursday, February 13th. The transportation company reported $0.69 EPS for the quarter, beating 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%. Analysts forecast 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 firm also recently declared a dividend, which will be paid on Monday, April 7th. Shareholders of record on Thursday, March 20th will be paid a dividend of $0.7832 per share. The ex-dividend date is Thursday, March 20th. This is a positive change from A.P. Møller – Mærsk A/S’s previous dividend of $0.28. A.P. Møller – Mærsk A/S’s payout ratio is 25.64%.

Wall Street Analyst Weigh In

Separately, Morgan Stanley lowered shares of A.P. Møller – Mærsk A/S from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, December 4th.

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.