A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Short Interest Update

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 201,200 shares, an increase of 593.8% from the December 31st total of 29,000 shares. Based on an average daily trading volume, of 357,000 shares, the days-to-cover ratio is currently 0.6 days.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. UBS Group lowered shares of A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a report on Thursday, October 17th. 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. Finally, 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. Four research analysts have rated the stock with a sell rating and one has issued a hold rating to the stock. Based on data from MarketBeat, A.P. Møller – Mærsk A/S has an average rating of “Reduce”.

A.P. Møller – Mærsk A/S Trading Down 0.4 %

OTCMKTS:AMKBY traded down $0.03 on Thursday, reaching $7.11. 744,617 shares of the stock traded hands, compared to its average volume of 140,876. The firm has a market capitalization of $22.51 billion, a price-to-earnings ratio of 6.18 and a beta of 1.17. A.P. Møller – Mærsk A/S has a 1-year low of $6.26 and a 1-year high of $9.75. The company has a current ratio of 2.41, a quick ratio of 2.28 and a debt-to-equity ratio of 0.09. The company’s 50 day moving average is $8.00 and its 200-day moving average is $7.83.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last announced its quarterly earnings data on Thursday, October 31st. The transportation company reported $0.99 EPS for the quarter, hitting the consensus estimate of $0.99. The company had revenue of $15.76 billion during the quarter, compared to the consensus estimate 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%. Equities research analysts anticipate that A.P. Møller – Mærsk A/S will post 1.71 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.