A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Given Average Recommendation of “Strong Sell” by Analysts

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) has earned an average recommendation of “Strong Sell” from the five ratings firms that are covering the company, Marketbeat reports. Four analysts have rated the stock with a sell rating and one has given a hold rating to the company.

Several equities analysts have recently weighed in on the company. UBS Group downgraded A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a report on Thursday, October 17th. Morgan Stanley cut shares of A.P. Møller – Mærsk A/S from an “equal weight” rating to an “underweight” rating in a report on Wednesday, December 4th. Finally, Wolfe Research cut shares of A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 9th.

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

Shares of OTCMKTS AMKBY opened at $7.48 on Monday. The company has a 50 day simple moving average of $8.24 and a two-hundred day simple moving average of $7.97. A.P. Møller – Mærsk A/S has a fifty-two week low of $6.26 and a fifty-two week high of $9.96. The company has a market capitalization of $23.68 billion, a price-to-earnings ratio of 6.50 and a beta of 1.17. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.28 and a current ratio of 2.41.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last posted its quarterly earnings results on Thursday, October 31st. The transportation company reported $0.99 earnings per share for the quarter, hitting the consensus estimate of $0.99. The company had revenue of $15.76 billion for the quarter, compared to the consensus estimate of $15.66 billion. A.P. Møller – Mærsk A/S had a return on equity of 6.48% and a net margin of 6.82%. Analysts expect that A.P. Møller – Mærsk A/S will post 1.46 EPS for the current fiscal 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.