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

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBYGet Free Report) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totalling 42,900 shares, an increase of 387.5% from the April 15th total of 8,800 shares. Based on an average daily volume of 359,600 shares, the days-to-cover ratio is currently 0.1 days.

A.P. Møller – Mærsk A/S Stock Up 3.6 %

AMKBY opened at $8.28 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.50 and a quick ratio of 2.37. The stock has a market capitalization of $30.98 billion, a price-to-earnings ratio of 16.24 and a beta of 1.25. The business has a 50-day moving average of $6.92 and a two-hundred day moving average of $7.85. A.P. Møller – Mærsk A/S has a 12 month low of $6.26 and a 12 month high of $10.60.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBYGet Free Report) last issued its earnings results on Thursday, May 2nd. The transportation company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.03. A.P. Møller – Mærsk A/S had a return on equity of 0.65% and a net margin of 3.48%. The business had revenue of $12.36 billion during the quarter. On average, research analysts expect that A.P. Møller – Mærsk A/S will post 0.06 earnings per share for the current year.

A.P. Møller – Mærsk A/S Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, April 3rd. Investors of record on Monday, March 18th were given a dividend of $0.2412 per share. The ex-dividend date of this dividend was Friday, March 15th. A.P. Møller – Mærsk A/S’s dividend payout ratio (DPR) is presently 47.06%.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein started coverage on A.P. Møller – Mærsk A/S in a report on Wednesday, February 21st. They issued an “underperform” rating for the company. Five analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, A.P. Møller – Mærsk A/S has an average rating of “Hold”.

Read Our Latest Research Report on A.P. Møller – Mærsk A/S

A.P. Møller – Mærsk A/S Company Profile

(Get Free Report)

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.

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