A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Stock Rating Upgraded by Citigroup

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) was upgraded by equities researchers at Citigroup from a “strong sell” rating to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.

A.P. Møller – Mærsk A/S Trading Up 0.5 %

Shares of AMKBY stock opened at $8.10 on Wednesday. A.P. Møller – Mærsk A/S has a 12-month low of $6.60 and a 12-month high of $9.76. The company has a quick ratio of 2.33, a current ratio of 2.45 and a debt-to-equity ratio of 0.08. The company has a 50 day moving average of $8.46 and a 200-day moving average of $8.07. The firm has a market cap of $25.64 billion, a P/E ratio of 4.15 and a beta of 1.04.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last released its earnings results on Thursday, February 13th. The transportation company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.27. A.P. Møller – Mærsk A/S had a return on equity of 11.03% and a net margin of 11.01%. Sell-side analysts anticipate that A.P. Møller – Mærsk A/S will post 0.41 earnings per share 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.