A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Earns Underweight Rating from Analysts at JPMorgan Chase & Co.

JPMorgan Chase & Co. assumed coverage on shares of A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) in a research note published on Tuesday, StockNewsAPI reports. The firm issued an underweight rating on the transportation company’s stock.

Separately, Wolfe Research assumed coverage on A.P. Møller – Mærsk A/S in a research report on Monday, July 15th. They set a peer perform rating on the stock. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat, A.P. Møller – Mærsk A/S has an average rating of Hold.

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

OTCMKTS:AMKBY opened at $7.01 on Tuesday. The firm has a market capitalization of $26.23 billion, a PE ratio of 13.75 and a beta of 1.17. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.28 and a current ratio of 2.41. The stock has a 50-day simple moving average of $7.84 and a two-hundred day simple moving average of $7.70. A.P. Møller – Mærsk A/S has a 52-week low of $6.26 and a 52-week high of $10.53.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last announced its quarterly earnings results on Wednesday, August 7th. The transportation company reported $0.20 EPS for the quarter, beating 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 analyst estimates of $13.13 billion. Analysts forecast that A.P. Møller – Mærsk A/S will post 1.11 EPS 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.