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

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) has been given a consensus rating of “Reduce” by the twelve ratings firms that are presently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and three have assigned a buy recommendation to the company.

Several research firms have weighed in on AMKBY. BNP Paribas downgraded shares of A.P. Møller – Mærsk A/S from an “outperform” rating to a “neutral” rating in a research report on Thursday, January 11th. Sanford C. Bernstein assumed coverage on A.P. Møller – Mærsk A/S in a research report on Wednesday, February 21st. They set an “underperform” rating on the stock.

A.P. Møller – Mærsk A/S Stock Up 3.5 %

AMKBY stock opened at $7.62 on Wednesday. The business’s 50-day moving average is $6.87 and its two-hundred day moving average is $7.85. The company has a market cap of $28.51 billion, a price-to-earnings ratio of 14.94 and a beta of 1.25. A.P. Møller – Mærsk A/S has a fifty-two week low of $6.26 and a fifty-two week high of $10.60. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.37 and a current ratio of 2.50.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last issued its quarterly earnings data on Thursday, May 2nd. The transportation company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.03. The firm had revenue of $12.36 billion for the quarter. A.P. Møller – Mærsk A/S had a net margin of 3.48% and a return on equity of 0.65%. As a group, analysts forecast that A.P. Møller – Mærsk A/S will post -0.02 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. Shareholders of record on Monday, March 18th were issued a $0.2412 dividend. The ex-dividend date was Friday, March 15th. A.P. Møller – Mærsk A/S’s dividend payout ratio is currently 47.06%.

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.