A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report)'s stock price gapped down before the market opened on Thursday . The stock had previously closed at $9.67, but opened at $9.39. A.P. Moller-Maersk shares last traded at $9.33, with a volume of 24,358 shares traded.
Analysts Set New Price Targets
A number of brokerages recently weighed in on AMKBY. Morgan Stanley reiterated an "underweight" rating on shares of A.P. Moller-Maersk in a research note on Friday, August 8th. BNP Paribas cut shares of A.P. Moller-Maersk to a "strong sell" rating in a research note on Wednesday, September 17th. Citigroup reiterated a "neutral" rating on shares of A.P. Moller-Maersk in a research note on Friday, August 8th. Hsbc Global Res upgraded shares of A.P. Moller-Maersk to a "strong-buy" rating in a research report on Monday, September 29th. Finally, BNP Paribas Exane downgraded shares of A.P. Moller-Maersk from a "neutral" rating to an "underperform" rating in a research report on Wednesday, September 17th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and four have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Reduce".
Check Out Our Latest Analysis on AMKBY
A.P. Moller-Maersk Price Performance
The stock's fifty day moving average price is $10.40 and its 200-day moving average price is $9.49. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.96 and a current ratio of 2.06. The firm has a market cap of $29.33 billion, a PE ratio of 4.23 and a beta of 1.02.
A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The transportation company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.06. The business had revenue of $13.13 billion during the quarter, compared to the consensus estimate of $12.34 billion. A.P. Moller-Maersk had a net margin of 12.11% and a return on equity of 12.33%. As a group, equities analysts forecast that A.P. Moller-Maersk will post 0.41 EPS for the current fiscal 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.
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