A.P. Moller-Maersk (OTCMKTS:AMKBY) Shares Gap Down – What’s Next?

A.P. Moller-Maersk (OTCMKTS:AMKBY) gapped down prior to trading on Friday . The stock had previously closed at $13.20, but opened at $12.5899. A.P. Moller-Maersk shares last traded at $12.43, with a volume of 233,099 shares trading hands.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Clarkson Capital raised shares of A.P. Moller-Maersk to a “strong sell” rating in a report on Monday, February 9th. Barclays raised shares of 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 A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research report on Wednesday, January 14th. Citigroup reaffirmed a “neutral” rating on shares of A.P. Moller-Maersk in a report on Monday, February 9th. Finally, Wolfe Research reiterated an “underperform” rating on shares of A.P. Moller-Maersk in a research note on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and eight have given a Sell rating to the company’s stock. According to MarketBeat.com, A.P. Moller-Maersk currently has an average rating of “Reduce”.

A.P. Moller-Maersk Trading Down 6.1%

The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.02 and a current ratio of 2.12. The stock has a market cap of $39.22 billion, a P/E ratio of 14.08 and a beta of 0.87. The stock has a 50-day moving average price of $12.53 and a 200-day moving average price of $11.22.

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). The company had revenue of $13.33 billion during the quarter, compared to the consensus estimate of $12.83 billion. A.P. Moller-Maersk had a return on equity of 4.87% and a net margin of 5.05%. On average, equities research analysts expect that A.P. Moller-Maersk will post 0.41 EPS for the current 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.