A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Receives Consensus Recommendation of “Strong Sell” from Brokerages

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) has earned a consensus recommendation of “Strong Sell” from the six brokerages that are covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a sell recommendation and two have given a hold recommendation to the company.

A number of research analysts have recently weighed in on the company. Citigroup raised A.P. Møller – Mærsk A/S from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 16th. Fearnley Fonds downgraded A.P. Møller – Mærsk A/S from a “strong-buy” rating to a “strong sell” rating in a research note on Tuesday, April 22nd.

A.P. Møller – Mærsk A/S Stock Down 1.2%

OTCMKTS:AMKBY opened at $9.45 on Monday. The stock’s fifty day moving average price is $8.46 and its two-hundred day moving average price is $8.28. A.P. Møller – Mærsk A/S has a 52-week low of $6.69 and a 52-week high of $9.76. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.33 and a current ratio of 2.45. The company has a market cap of $29.92 billion, a price-to-earnings ratio of 4.85 and a beta of 1.08.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last posted its quarterly earnings results on Thursday, May 8th. The transportation company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.05. The company had revenue of $13.32 billion for the quarter, compared to the consensus estimate of $12.73 billion. A.P. Møller – Mærsk A/S had a return on equity of 11.03% and a net margin of 11.01%. On average, analysts anticipate that A.P. Møller – Mærsk A/S will post 0.41 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.