A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY) Receives Average Rating of "Strong Sell" from Brokerages

A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) has been assigned a consensus recommendation of "Strong Sell" from the six analysts that are covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell recommendation and two have issued a hold recommendation on the company.

A number of brokerages have recently weighed in on AMKBY. Citigroup upgraded A.P. Møller - Mærsk A/S from a "strong sell" rating to a "hold" rating in a research note on Wednesday, April 16th. Fearnley Fonds lowered A.P. Møller - Mærsk A/S from a "strong-buy" rating to a "strong sell" rating in a report on Tuesday, April 22nd.

A.P. Møller - Mærsk A/S Stock Up 1.8%

AMKBY traded up $0.17 during mid-day trading on Monday, reaching $9.62. 989,366 shares of the stock were exchanged, compared to its average volume of 257,293. A.P. Møller - Mærsk A/S has a 1 year low of $6.69 and a 1 year high of $9.76. 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 stock has a market capitalization of $30.45 billion, a PE ratio of 4.93 and a beta of 1.08. The company has a 50 day moving average price of $8.46 and a two-hundred day moving average price of $8.28.

A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The transportation company reported $0.37 earnings per share for the quarter, beating 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 analyst estimates of $12.73 billion. As a group, research analysts anticipate that A.P. Møller - Mærsk A/S will post 0.41 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.