A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) was downgraded by equities research analysts at Fearnley Fonds from a "strong-buy" rating to a "strong sell" rating in a research report issued to clients and investors on Tuesday, April 22nd,Zacks.com reports.
Separately, Citigroup raised shares of A.P. Møller - Mærsk A/S from a "strong sell" rating to a "hold" rating in a research note on Wednesday, April 16th. Four research analysts have rated the stock with a sell rating and two have issued a hold rating to the company's stock. According to data from MarketBeat.com, A.P. Møller - Mærsk A/S currently has an average rating of "Reduce".
Read Our Latest Stock Analysis on AMKBY
A.P. Møller - Mærsk A/S Price Performance
Shares of OTCMKTS:AMKBY traded down $0.05 during midday trading on Tuesday, hitting $8.30. The company's stock had a trading volume of 137,103 shares, compared to its average volume of 227,636. The company has a market cap of $26.28 billion, a P/E ratio of 4.26 and a beta of 1.04. A.P. Møller - Mærsk A/S has a 12-month low of $6.69 and a 12-month high of $9.76. The business's 50 day simple moving average is $8.42 and its 200 day simple moving average is $8.12. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.33 and a current ratio of 2.45.
A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The transportation company reported $0.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.27. A.P. Møller - Mærsk A/S had a return on equity of 11.03% and a net margin of 11.01%. On average, analysts forecast that A.P. Møller - Mærsk A/S will post 0.41 EPS for the current year.
About A.P. Møller - Mærsk A/S
(
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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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