A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report)'s share price hit a new 52-week high on Wednesday . The company traded as high as $9.77 and last traded at $9.77, with a volume of 57411 shares trading hands. The stock had previously closed at $9.71.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on AMKBY shares. Fearnley Fonds lowered shares of A.P. Moller-Maersk from a "strong-buy" rating to a "strong sell" rating in a research note on Tuesday, April 22nd. Citigroup raised shares of A.P. Moller-Maersk from a "strong sell" rating to a "hold" rating in a research note on Wednesday, April 16th. Four investment 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. Moller-Maersk presently has an average rating of "Reduce".
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A.P. Moller-Maersk Price Performance
The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.05 and a current ratio of 2.14. The stock's 50 day moving average is $9.27 and its two-hundred day moving average is $8.55. The stock has a market capitalization of $30.83 billion, a PE ratio of 4.31 and a beta of 1.07.
A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) last released 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. Moller-Maersk had a net margin of 12.57% and a return on equity of 12.56%. The business had revenue of $13.32 billion for the quarter, compared to analyst estimates of $12.73 billion. On average, equities analysts anticipate that A.P. Moller-Maersk will post 0.41 EPS for the current fiscal year.
A.P. Moller-Maersk 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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