A.P. Moller-Maersk (OTCMKTS:AMKBY) Short Interest Update

A.P. Moller-Maersk (OTCMKTS:AMKBY) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 26,124 shares, a drop of 43.4% from the December 31st total of 46,131 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 158,734 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 158,734 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

AMKBY has been the topic of a number of recent research reports. Citigroup reissued a “neutral” rating on shares of A.P. Moller-Maersk in a research report on Thursday, November 13th. Bank of America cut shares of A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a report on Friday, January 23rd. Wolfe Research reissued an “underperform” rating on shares of A.P. Moller-Maersk in a research report on Thursday, January 8th. Nordea Equity Research cut shares of A.P. Moller-Maersk from a “buy” rating to a “sell” rating in a research report on Friday. Finally, The Goldman Sachs Group downgraded shares of A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research note on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and seven have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce”.

A.P. Moller-Maersk Price Performance

Shares of AMKBY opened at $12.33 on Friday. The company has a market cap of $39.03 billion, a price-to-earnings ratio of 7.85 and a beta of 0.88. A.P. Moller-Maersk has a twelve month low of $6.69 and a twelve month high of $12.63. The company has a quick ratio of 2.05, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. The company has a 50 day moving average of $11.28 and a two-hundred day moving average of $10.59.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last issued its quarterly earnings results on Thursday, November 6th. The transportation company reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.20). The business had revenue of $14.21 billion for the quarter, compared to analyst estimates of $13.44 billion. A.P. Moller-Maersk had a return on equity of 8.51% and a net margin of 8.83%. As a group, analysts predict that A.P. Moller-Maersk will post 0.41 earnings per share for the current fiscal year.

About A.P. Moller-Maersk

A.P. Moller-Maersk A/S is a Danish integrated transport and logistics company headquartered in Copenhagen. Operating under the Maersk brand worldwide, the group provides container shipping and end-to-end logistics services, combining ocean freight with land-based transportation, contract logistics, warehousing, and supply chain management for global shippers and manufacturers.

The company’s core activities include container shipping operations, terminal services through APM Terminals, and a growing logistics and services business that offers freight forwarding, customs brokerage, inland transportation and warehousing.