A.P. Moller-Maersk (OTCMKTS:AMKBY) Sees Large Volume Increase – Time to Buy?

A.P. Moller-Maersk (OTCMKTS:AMKBY) shares saw strong trading volume on Monday . 90,822 shares changed hands during trading, an increase of 20% from the previous session’s volume of 75,635 shares.The stock last traded at $11.72 and had previously closed at $11.37.

Analyst Upgrades and Downgrades

A number of analysts recently commented on AMKBY shares. Bank of America downgraded shares of A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a report on Friday, January 23rd. The Goldman Sachs Group downgraded shares of A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research report on Wednesday, January 14th. Citigroup restated a “neutral” rating on shares of A.P. Moller-Maersk in a report on Thursday, November 13th. Wolfe Research reaffirmed an “underperform” rating on shares of A.P. Moller-Maersk in a report on Thursday, January 8th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of A.P. Moller-Maersk in a report on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, A.P. Moller-Maersk has a consensus rating of “Reduce”.

A.P. Moller-Maersk Stock Performance

The company has a quick ratio of 2.05, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. The stock has a fifty day moving average price of $11.11 and a two-hundred day moving average price of $10.54. The company has a market capitalization of $38.40 billion, a price-to-earnings ratio of 7.73 and a beta of 0.88.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last posted its quarterly earnings data on Thursday, November 6th. The transportation company reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.20). A.P. Moller-Maersk had a return on equity of 8.51% and a net margin of 8.83%.The company had revenue of $14.21 billion for the quarter, compared to analysts’ expectations of $13.44 billion. As a group, analysts forecast that A.P. Moller-Maersk will post 0.41 EPS for the current fiscal year.

A.P. Moller-Maersk Company Profile

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.