A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Given Average Recommendation of “Strong Sell” by Analysts

Shares of A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) have received an average recommendation of “Strong Sell” from the six ratings firms that are covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a sell recommendation and two have issued a hold recommendation on the company.

AMKBY has been the subject of a number of research reports. UBS Group lowered shares of A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a report on Thursday, October 17th. Wolfe Research downgraded shares of A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 9th. Finally, Morgan Stanley cut 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.

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

A.P. Møller – Mærsk A/S stock opened at $8.02 on Monday. A.P. Møller – Mærsk A/S has a 12-month low of $6.26 and a 12-month high of $9.96. The company has a quick ratio of 2.28, a current ratio of 2.41 and a debt-to-equity ratio of 0.09. The business’s 50-day moving average price is $8.25 and its two-hundred day moving average price is $7.98. The stock has a market cap of $25.39 billion, a PE ratio of 6.97 and a beta of 1.17.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last issued its earnings results on Thursday, October 31st. The transportation company reported $0.99 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.99. The business had revenue of $15.76 billion during the quarter, compared to analysts’ expectations of $15.66 billion. A.P. Møller – Mærsk A/S had a return on equity of 6.48% and a net margin of 6.82%. As a group, analysts expect that A.P. Møller – Mærsk A/S will post 1.46 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.