A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Sees Significant Drop in Short Interest

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) saw a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 21,500 shares, a decrease of 89.3% from the January 15th total of 201,200 shares. Based on an average daily trading volume, of 524,800 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

AMKBY has been the topic of a number of research reports. UBS Group downgraded A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a research note 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 research report on Wednesday, December 4th. Four analysts have rated the stock with a sell rating and one has assigned a hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce”.

A.P. Møller – Mærsk A/S Trading Down 1.5 %

AMKBY opened at $8.40 on Thursday. The stock has a 50-day moving average of $7.88 and a 200 day moving average of $7.82. The company has a current ratio of 2.53, a quick ratio of 2.41 and a debt-to-equity ratio of 0.08. A.P. Møller – Mærsk A/S has a 12 month low of $6.26 and a 12 month high of $9.75. The firm has a market cap of $26.59 billion, a P/E ratio of 4.31 and a beta of 1.14.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last announced its earnings results on Thursday, February 13th. The transportation company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.27. A.P. Møller – Mærsk A/S had a return on equity of 11.22% and a net margin of 11.01%. As a group, research analysts forecast that A.P. Møller – Mærsk A/S will post 0.49 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.