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

Key Points

• A.P. Moller-Maersk shares gapped up from $10.60 to $11.02 before trading, with a last trading price of $11.01 and a volume of 143,571 shares.
• Analysts hold a "Strong Sell" average rating for the stock, with two holding and three giving sell ratings after recent evaluations.
• The company reported a net margin of 12.11% and earnings per share (EPS) of $0.20, exceeding the consensus estimate of $0.14 during its last earnings release.

Shares of A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $10.60, but opened at $11.02. A.P. Moller-Maersk shares last traded at $11.01, with a volume of 143,571 shares trading hands.

Analysts Set New Price Targets

Several research firms have recently weighed in on AMKBY. Citigroup restated a "neutral" rating on shares of A.P. Moller-Maersk in a research note on Friday, August 8th. Morgan Stanley restated an "underweight" rating on shares of A.P. Moller-Maersk in a research note on Friday, August 8th. Two research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Strong Sell".

A.P. Moller-Maersk Stock Up 4.3%

The stock has a market cap of $35.01 billion, a PE ratio of 5.05 and a beta of 1.01. 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 company's 50-day moving average price is $10.38 and its 200 day moving average price is $9.35.

A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) last released 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 company had revenue of $13.13 billion during the quarter, compared to analyst estimates 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, analysts forecast that A.P. Moller-Maersk will post 0.41 EPS for the current fiscal 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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