A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Receives Average Recommendation of “Reduce” from Brokerages

Shares of A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) have received an average rating of “Reduce” from the eight ratings firms that are covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has issued a buy recommendation on the company.

Several research firms recently issued reports on AMKBY. Wolfe Research downgraded shares of A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 9th. JPMorgan Chase & Co. began coverage on shares of A.P. Møller – Mærsk A/S in a research report on Tuesday, September 10th. They issued an “underweight” rating for the company. Morgan Stanley downgraded shares of A.P. Møller – Mærsk A/S from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, December 4th. Finally, UBS Group downgraded shares of A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a research report on Thursday, October 17th.

A.P. Møller – Mærsk A/S Stock Performance

OTCMKTS:AMKBY opened at $8.28 on Thursday. The company has a fifty day moving average of $8.00 and a 200-day moving average of $8.01. The firm has a market capitalization of $30.98 billion, a P/E ratio of 7.20 and a beta of 1.17. The company has a quick ratio of 2.28, a current ratio of 2.41 and a debt-to-equity ratio of 0.09. A.P. Møller – Mærsk A/S has a twelve month low of $6.26 and a twelve month high of $10.53.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last released its quarterly earnings data on Thursday, October 31st. The transportation company reported $0.99 earnings per share for the quarter, meeting the consensus estimate of $0.99. The company had revenue of $15.76 billion during the quarter, compared to analyst estimates of $15.66 billion. A.P. Møller – Mærsk A/S had a net margin of 6.82% and a return on equity of 6.48%. As a group, sell-side analysts anticipate that A.P. Møller – Mærsk A/S will post 1.46 EPS for the current year.

A.P. Møller – Mærsk A/S 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.