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

A.P. Moller-Maersk (OTCMKTS:AMKBY) was the recipient of a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 53,150 shares, a drop of 21.4% from the February 12th total of 67,647 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 187,908 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 187,908 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Bank of America lowered shares of A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a research note on Friday, January 23rd. Kepler Capital Markets raised A.P. Moller-Maersk from a “reduce” rating to a “hold” rating in a research note on Friday, February 6th. Nordea Equity Research lowered shares of A.P. Moller-Maersk from a “buy” rating to a “sell” rating in a report on Friday, January 30th. Barclays raised shares of A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a research report on Friday, March 6th. Finally, Citigroup reissued a “neutral” rating on shares of A.P. Moller-Maersk in a research report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and eight have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce”.

A.P. Moller-Maersk Stock Performance

Shares of OTCMKTS AMKBY opened at $12.84 on Monday. A.P. Moller-Maersk has a 12-month low of $6.69 and a 12-month high of $13.50. The stock has a 50 day simple moving average of $12.24 and a 200-day simple moving average of $11.01. The company has a current ratio of 2.12, a quick ratio of 2.02 and a debt-to-equity ratio of 0.08. The company has a market cap of $40.65 billion, a PE ratio of 14.59 and a beta of 0.87.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last posted its quarterly earnings data on Thursday, February 5th. The transportation company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.10). A.P. Moller-Maersk had a return on equity of 4.87% and a net margin of 5.05%.The company had revenue of $13.33 billion during the quarter, compared to analyst estimates of $12.83 billion. On average, equities research analysts forecast that A.P. Moller-Maersk will post 0.41 EPS for the current year.

A.P. Moller-Maersk Company Profile

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.