A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY) Short Interest Up 308.4% in May

A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 146,200 shares, an increase of 308.4% from the April 30th total of 35,800 shares. Based on an average daily trading volume, of 806,200 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company's shares are short sold.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on AMKBY shares. Citigroup upgraded shares of A.P. Møller - Mærsk A/S from a "strong sell" rating to a "hold" rating in a research report on Wednesday, April 16th. Fearnley Fonds cut A.P. Møller - Mærsk A/S from a "strong-buy" rating to a "strong sell" rating in a report on Tuesday, April 22nd. Four equities research analysts have rated the stock with a sell rating and two have given a hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Reduce".

A.P. Møller - Mærsk A/S Trading Down 0.1%

AMKBY traded down $0.01 during midday trading on Friday, hitting $8.97. The company's stock had a trading volume of 129,741 shares, compared to its average volume of 248,938. A.P. Møller - Mærsk A/S has a 52-week low of $6.69 and a 52-week high of $9.76. The firm has a 50-day moving average price of $8.52 and a two-hundred day moving average price of $8.33. The company has a current ratio of 2.45, a quick ratio of 2.33 and a debt-to-equity ratio of 0.08. The firm has a market cap of $28.40 billion, a P/E ratio of 4.60 and a beta of 1.08.

A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) last released its earnings results on Thursday, May 8th. The transportation company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $13.32 billion for the quarter, compared to analysts' expectations of $12.73 billion. On average, research analysts anticipate that A.P. Møller - Mærsk A/S will post 0.41 earnings per share 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.