A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $9.83 and last traded at $9.83, with a volume of 3570 shares trading hands. The stock had previously closed at $9.69.
Analysts Set New Price Targets
AMKBY has been the subject of a number of analyst reports. Fearnley Fonds cut 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 upgraded 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 assigned a hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Reduce".
Read Our Latest Report on AMKBY
A.P. Moller-Maersk Price Performance
The stock's 50 day moving average price is $9.37 and its two-hundred day moving average price is $8.59. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.14 and a quick ratio of 2.05. The firm has a market capitalization of $31.91 billion, a price-to-earnings ratio of 4.46 and a beta of 1.07.
A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) last issued its quarterly earnings data 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. The business had revenue of $13.32 billion during the quarter, compared to analysts' expectations of $12.73 billion. A.P. Moller-Maersk had a net margin of 12.57% and a return on equity of 12.56%. On average, equities research analysts anticipate that A.P. Moller-Maersk will post 0.41 EPS for the current 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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