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

A.P. Moller-Maersk (OTCMKTS:AMKBY) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 73,469 shares, an increase of 38.2% from the February 26th total of 53,150 shares. Based on an average daily volume of 289,182 shares, the short-interest ratio is presently 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 recently commented on the stock. Clarkson Capital raised shares of A.P. Moller-Maersk to a “strong sell” rating in a research report on Monday, February 9th. Barclays raised A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a report on Friday, March 6th. The Goldman Sachs Group downgraded shares of A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a report on Wednesday, January 14th. Kepler Capital Markets raised A.P. Moller-Maersk from a “reduce” rating to a “hold” rating in a research report on Friday, February 6th. Finally, Nordea Equity Research cut A.P. Moller-Maersk from a “buy” rating to a “sell” rating in a research report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and eight have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Reduce”.

A.P. Moller-Maersk Trading Down 6.1%

Shares of AMKBY stock opened at $12.39 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.02 and a current ratio of 2.12. A.P. Moller-Maersk has a fifty-two week low of $6.69 and a fifty-two week high of $14.32. The company has a market cap of $39.22 billion, a PE ratio of 14.08 and a beta of 0.87. The stock’s fifty day moving average price is $12.53 and its two-hundred day moving average price is $11.22.

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