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 been assigned an average rating of “Strong Sell” from the six ratings firms that are covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a sell recommendation and two have issued a hold recommendation on the company.

AMKBY has been the topic of a number of analyst reports. Fearnley Fonds downgraded A.P. Møller – Mærsk A/S from a “strong-buy” rating to a “strong sell” rating in a research report on Tuesday, April 22nd. Citigroup upgraded A.P. Møller – Mærsk A/S from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 16th.

A.P. Møller – Mærsk A/S Stock Performance

OTCMKTS AMKBY opened at $9.69 on Friday. The company has a market cap of $30.68 billion, a PE ratio of 4.97 and a beta of 1.09. The stock’s 50 day simple moving average is $8.75 and its 200-day simple moving average is $8.41. A.P. Møller – Mærsk A/S has a 1-year low of $6.69 and a 1-year high of $9.77. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.45 and a quick ratio of 2.33.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last released its earnings results on Thursday, May 8th. The transportation company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.05. The business 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%. As a group, equities research analysts anticipate that A.P. Møller – Mærsk A/S will post 0.41 EPS for the current fiscal 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.