A.P. Moller-Maersk (OTCMKTS:AMKBY) Shares Gap Up - Should You Buy?

Key Points

• A.P. Moller-Maersk's stock saw a gap up, opening at $10.15 after a previous close of $9.88, and last traded at $10.13 with a volume of 35,574 shares.
• Analyst ratings are mixed, with one upgrade to a "strong buy" from HSBC but multiple downgrades leading to a consensus rating of "Reduce."
• The company reported a quarterly EPS of $0.20, exceeding expectations, and generated revenue of $13.13 billion, surpassing analyst estimates of $12.34 billion.

A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $9.88, but opened at $10.15. A.P. Moller-Maersk shares last traded at $10.13, with a volume of 35,574 shares.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. BNP Paribas cut A.P. Moller-Maersk to a "strong sell" rating in a research note on Wednesday, September 17th. Citigroup restated a "neutral" rating on shares of A.P. Moller-Maersk in a research note on Friday, August 8th. Hsbc Global Res upgraded A.P. Moller-Maersk to a "strong-buy" rating in a research note on Monday, September 29th. BNP Paribas Exane cut A.P. Moller-Maersk from a "neutral" rating to an "underperform" rating in a research note on Wednesday, September 17th. Finally, Morgan Stanley restated an "underweight" rating on shares of A.P. Moller-Maersk in a research note on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and four have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Reduce".

A.P. Moller-Maersk Stock Up 2.6%

The company has a debt-to-equity ratio of 0.07, a current ratio of 2.06 and a quick ratio of 1.96. The company has a market cap of $32.08 billion, a PE ratio of 4.63 and a beta of 1.02. The company has a fifty day moving average price of $10.33 and a 200 day moving average price of $9.52.

A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) last issued its earnings results on Thursday, August 7th. The transportation company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.06. The business had revenue of $13.13 billion during the quarter, compared to analyst estimates of $12.34 billion. A.P. Moller-Maersk had a return on equity of 12.33% and a net margin of 12.11%. As a group, analysts anticipate that A.P. Moller-Maersk will post 0.41 EPS for the current year.

A.P. Moller-Maersk Company Profile

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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