A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Short Interest Up 38.0% in November

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 106,400 shares, a growth of 38.0% from the October 31st total of 77,100 shares. Based on an average trading volume of 506,400 shares, the short-interest ratio is presently 0.2 days.

Analyst Ratings Changes

Several brokerages recently issued reports on AMKBY. JPMorgan Chase & Co. started coverage on shares of A.P. Møller – Mærsk A/S in a research report on Tuesday, September 10th. They set an “underweight” rating for the company. Wolfe Research cut A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 9th. Finally, UBS Group cut shares of A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a research note on Thursday, October 17th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

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

Shares of A.P. Møller – Mærsk A/S stock traded up $0.38 during trading on Friday, hitting $8.46. 257,710 shares of the company’s stock were exchanged, compared to its average volume of 219,338. The stock has a market capitalization of $31.65 billion, a price-to-earnings ratio of 7.36 and a beta of 1.17. The business has a 50-day simple moving average of $7.87 and a 200-day simple moving average of $8.03. 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 52-week low of $6.26 and a 52-week high of $10.53.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last released its quarterly earnings results on Thursday, October 31st. The transportation company reported $0.99 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.99. A.P. Møller – Mærsk A/S had a return on equity of 6.48% and a net margin of 6.82%. The company had revenue of $15.76 billion during the quarter, compared to analysts’ expectations of $15.66 billion. On average, research analysts forecast that A.P. Møller – Mærsk A/S will post 1.46 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.