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A.P. Moller-Maersk (OTCMKTS:AMKBY) Short Interest Down 31.2% in March

A.P. Moller-Maersk logo with Transportation background
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Key Points

  • Short interest down 31.2% — As of March 31 short interest fell to 50,512 shares from 73,469 on March 15, resulting in a short-interest ratio of 0.2 days and effectively 0.0% of shares sold short.
  • Mixed quarterly results — Maersk reported $0.02 EPS, missing the $0.12 consensus while beating revenue at $13.33 billion; the company has a market cap of $39.6 billion and a P/E of 14.22.
  • Analyst sentiment weak — One analyst rates a Strong Buy, four Hold and eight Sell, producing a MarketBeat consensus rating of "Reduce".
  • MarketBeat previews the top five stocks to own by May 1st.

A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totaling 50,512 shares, a decrease of 31.2% from the March 15th total of 73,469 shares. Based on an average daily trading volume, of 299,797 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

A.P. Moller-Maersk Stock Performance

AMKBY opened at $12.51 on Tuesday. The company has a quick ratio of 2.02, a current ratio of 2.12 and a debt-to-equity ratio of 0.08. The company has a market cap of $39.60 billion, a price-to-earnings ratio of 14.22 and a beta of 0.82. A.P. Moller-Maersk has a 52-week low of $7.86 and a 52-week high of $14.32. The firm's fifty day simple moving average is $12.63 and its two-hundred day simple moving average is $11.37.

A.P. Moller-Maersk (OTCMKTS:AMKBY - Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The transportation company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.10). The company had revenue of $13.33 billion for the quarter, compared to analysts' expectations of $12.83 billion. A.P. Moller-Maersk had a net margin of 5.05% and a return on equity of 4.87%. Equities analysts anticipate that A.P. Moller-Maersk will post 0.41 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

AMKBY has been the topic of a number of recent analyst reports. Clarkson Capital raised shares of A.P. Moller-Maersk to a "strong sell" rating in a report on Monday, February 9th. Wolfe Research reissued an "underperform" rating on shares of A.P. Moller-Maersk in a report on Thursday, January 8th. Barclays raised shares of A.P. Moller-Maersk from a "strong sell" rating to a "hold" rating in a report on Friday, March 6th. Kepler Capital Markets raised shares of A.P. Moller-Maersk from a "reduce" rating to a "hold" rating in a report on Friday, February 6th. Finally, Citigroup reissued a "neutral" rating on shares of A.P. Moller-Maersk in a report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and eight have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Reduce".

Check Out Our Latest Research Report on A.P. Moller-Maersk

A.P. Moller-Maersk Company Profile

(Get Free Report)

A.P. Moller-Maersk A/S is a Danish integrated transport and logistics company headquartered in Copenhagen. Operating under the Maersk brand worldwide, the group provides container shipping and end-to-end logistics services, combining ocean freight with land-based transportation, contract logistics, warehousing, and supply chain management for global shippers and manufacturers.

The company's core activities include container shipping operations, terminal services through APM Terminals, and a growing logistics and services business that offers freight forwarding, customs brokerage, inland transportation and warehousing.

See Also

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