A.P. Moller-Maersk (AMKBY) to Announce Quarterly Earnings on Thursday

A.P. Moller-Maersk (OTCMKTS:AMKBY) is projected to post its results before the market opens on Thursday, August 6th. Analysts expect the company to announce earnings of $0.1433 per share and revenue of $14.0715 billion for the quarter.

A.P. Moller-Maersk Price Performance

AMKBY opened at $13.02 on Thursday. The company has a fifty day moving average price of $12.58 and a two-hundred day moving average price of $12.36. The firm has a market capitalization of $41.23 billion, a PE ratio of 24.57 and a beta of 0.71. A.P. Moller-Maersk has a 52 week low of $9.23 and a 52 week high of $14.32. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.85 and a current ratio of 1.98.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Fearnley Fonds raised A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 11th. Citigroup reissued a “neutral” rating on shares of A.P. Moller-Maersk in a research note on Thursday, June 25th. The Goldman Sachs Group upgraded A.P. Moller-Maersk from a “sell” rating to a “hold” rating in a research report on Friday, July 3rd. Finally, Morgan Stanley restated an “underweight” rating on shares of A.P. Moller-Maersk in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat, A.P. Moller-Maersk presently has an average rating of “Reduce”.

About A.P. Moller-Maersk

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.