A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $9.47, but opened at $9.24. A.P. Moller-Maersk shares last traded at $9.21, with a volume of 5,244 shares.
Analyst Upgrades and Downgrades
AMKBY has been the subject of a number of analyst reports. Citigroup upgraded A.P. Moller-Maersk from a "strong sell" rating to a "hold" rating in a research report on Wednesday, April 16th. Fearnley Fonds cut A.P. Moller-Maersk from a "strong-buy" rating to a "strong sell" rating in a report on Tuesday, April 22nd. Four analysts have rated the stock with a sell rating and two have issued a hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Reduce".
Read Our Latest Stock Analysis on AMKBY
A.P. Moller-Maersk Stock Performance
The firm's 50 day moving average price is $9.10 and its two-hundred day moving average price is $8.47. The firm has a market cap of $30.11 billion, a PE ratio of 4.21 and a beta of 1.07. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.05 and a current ratio of 2.14.
A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The transportation company reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.32 by $0.05. A.P. Moller-Maersk had a return on equity of 12.56% and a net margin of 12.57%. The firm had revenue of $13.32 billion for the quarter, compared to analysts' expectations of $12.73 billion. On average, research analysts forecast that A.P. Moller-Maersk will post 0.41 earnings per share for the current year.
A.P. Moller-Maersk Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider A.P. Moller-Maersk, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and A.P. Moller-Maersk wasn't on the list.
While A.P. Moller-Maersk currently has a Strong Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
