A.P. Moller-Maersk (OTCMKTS:AMKBY) Given Consensus Rating of “Strong Sell” by Analysts

A.P. Moller-Maersk (OTCMKTS:AMKBY) has received a consensus recommendation of “Strong Sell” from the six ratings firms that are currently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a sell rating and two have issued a hold rating on the company.

A number of equities research analysts have recently issued reports on AMKBY shares. Fearnley Fonds lowered A.P. Moller-Maersk from a “strong-buy” rating to a “strong sell” rating in a research report on Tuesday, April 22nd. Citigroup reiterated a “neutral” rating on shares of A.P. Moller-Maersk in a report on Friday. Finally, Morgan Stanley reiterated an “underweight” rating on shares of A.P. Moller-Maersk in a report on Friday.

A.P. Moller-Maersk Price Performance

Shares of A.P. Moller-Maersk stock opened at $10.87 on Friday. The company has a quick ratio of 2.05, a current ratio of 2.14 and a debt-to-equity ratio of 0.07. A.P. Moller-Maersk has a twelve month low of $6.69 and a twelve month high of $10.96. The business has a 50-day moving average price of $9.68 and a 200 day moving average price of $8.90. The firm has a market cap of $34.41 billion, a PE ratio of 4.96 and a beta of 1.07.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last posted its quarterly earnings data on Thursday, August 7th. The transportation company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.14 by $0.06. A.P. Moller-Maersk had a return on equity of 12.34% and a net margin of 12.11%. The company had revenue of $13.13 billion during the quarter, compared to analyst estimates of $12.34 billion. Sell-side analysts predict that A.P. Moller-Maersk will post 0.41 earnings per share for the current fiscal year.

A.P. Moller-Maersk 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.