Citigroup upgraded shares of A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Free Report) from a strong sell rating to a hold rating in a research note released on Wednesday morning,Zacks.com reports.
A.P. Møller - Mærsk A/S Stock Up 0.1 %
Shares of OTCMKTS:AMKBY traded up $0.01 on Wednesday, hitting $8.11. 278,193 shares of the company traded hands, compared to its average volume of 232,524. The company has a market cap of $25.67 billion, a PE ratio of 4.16 and a beta of 1.04. The stock has a 50 day simple moving average of $8.44 and a 200-day simple moving average of $8.08. A.P. Møller - Mærsk A/S has a 52 week low of $6.69 and a 52 week high of $9.76. The company has a quick ratio of 2.33, a current ratio of 2.45 and a debt-to-equity ratio of 0.08.
A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The transportation company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.27. A.P. Møller - Mærsk A/S had a net margin of 11.01% and a return on equity of 11.03%. As a group, research analysts expect that A.P. Møller - Mærsk A/S will post 0.41 earnings per share for the current year.
A.P. Møller - Mærsk A/S Increases Dividend
The business also recently declared a dividend, which was paid on Monday, April 7th. Stockholders of record on Thursday, March 20th were issued a dividend of $0.7832 per share. The ex-dividend date of this dividend was Thursday, March 20th. This is an increase from A.P. Møller - Mærsk A/S's previous dividend of $0.28. A.P. Møller - Mærsk A/S's dividend payout ratio (DPR) is presently 26.67%.
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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