A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report)'s stock price reached a new 52-week high on Friday . The stock traded as high as $9.77 and last traded at $9.69, with a volume of 529457 shares trading hands. The stock had previously closed at $9.38.
Analyst Ratings Changes
AMKBY has been the subject of a number of research reports. Fearnley Fonds cut shares of A.P. Møller - Mærsk A/S from a "strong-buy" rating to a "strong sell" rating in a research report on Tuesday, April 22nd. Citigroup upgraded A.P. Møller - Mærsk A/S from a "strong sell" rating to a "hold" rating in a report on Wednesday, April 16th. Four investment analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Reduce".
Get Our Latest Stock Analysis on A.P. Møller - Mærsk A/S
A.P. Møller - Mærsk A/S Stock Performance
The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.33 and a current ratio of 2.45. The company has a market capitalization of $30.68 billion, a price-to-earnings ratio of 4.97 and a beta of 1.09. The company's fifty day simple moving average is $8.75 and its two-hundred day simple moving average is $8.41.
A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) last issued its earnings results on Thursday, May 8th. The transportation company reported $0.37 earnings per share for the quarter, topping analysts' consensus estimates of $0.32 by $0.05. A.P. Møller - Mærsk A/S had a net margin of 11.01% and a return on equity of 11.03%. The company had revenue of $13.32 billion for the quarter, compared to analysts' expectations of $12.73 billion. Equities research analysts predict that A.P. Møller - Mærsk A/S will post 0.41 earnings per share for the current fiscal year.
A.P. Møller - Mærsk A/S Company Profile
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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.
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