UBS Group Lowers A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) to Neutral

UBS Group lowered shares of A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) from a buy rating to a neutral rating in a report issued on Thursday, Marketbeat reports.

AMKBY has been the topic of several other research reports. JPMorgan Chase & Co. assumed coverage on A.P. Møller – Mærsk A/S in a report on Tuesday, September 10th. They set an “underweight” rating on the stock. Wolfe Research lowered A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 9th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

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

A.P. Møller – Mærsk A/S stock opened at $7.61 on Thursday. The company’s fifty day moving average price is $7.62 and its 200 day moving average price is $7.87. A.P. Møller – Mærsk A/S has a 1 year low of $6.26 and a 1 year high of $10.53. The stock has a market capitalization of $28.47 billion, a P/E ratio of 14.92 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.

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

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.