A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY – Get Free Report) announced its earnings results on Thursday. The transportation company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.27, Zacks reports. A.P. Møller – Mærsk A/S had a net margin of 6.82% and a return on equity of 6.40%.
A.P. Møller – Mærsk A/S Price Performance
AMKBY traded up $0.35 during trading on Thursday, hitting $7.86. 942,621 shares of the stock traded hands, compared to its average volume of 215,976. The business has a 50 day moving average price of $7.92 and a 200 day moving average price of $7.81. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.53 and a quick ratio of 2.41. A.P. Møller – Mærsk A/S has a twelve month low of $6.26 and a twelve month high of $9.75. The company has a market cap of $24.88 billion, a price-to-earnings ratio of 6.83 and a beta of 1.14.
Analyst Ratings Changes
AMKBY has been the topic of a number of analyst reports. UBS Group downgraded A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a research report on Thursday, October 17th. Morgan Stanley cut A.P. Møller – Mærsk A/S from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, December 4th. Finally, Wolfe Research cut shares of A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 9th. Four analysts have rated the stock with a sell rating and one has assigned a hold rating to the company. According to data from MarketBeat.com, A.P. Møller – Mærsk A/S has a consensus rating of “Reduce”.
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.
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