A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Given Consensus Rating of “Reduce” by Analysts

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) has been given an average recommendation of “Reduce” by the seven analysts that are covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company.

A number of brokerages recently weighed in on AMKBY. Wolfe Research cut A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 9th. JPMorgan Chase & Co. initiated coverage on shares of A.P. Møller – Mærsk A/S in a report on Tuesday, September 10th. They set an “underweight” rating on the stock. Finally, UBS Group downgraded shares of A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a research report on Thursday, October 17th.

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

Shares of OTCMKTS:AMKBY opened at $8.36 on Friday. 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 has a 1-year low of $6.26 and a 1-year high of $10.53. The company has a 50 day moving average price of $7.83 and a 200 day moving average price of $8.03.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last released its quarterly earnings data on Thursday, October 31st. The transportation company reported $0.99 earnings per share for the quarter, hitting the consensus estimate of $0.99. The business had revenue of $15.76 billion during the quarter, compared to analyst estimates 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%. As a group, equities analysts forecast that A.P. Møller – Mærsk A/S will post 1.46 earnings per share for the current fiscal year.

About A.P. Møller – Mærsk A/S

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.