A.P. Moller-Maersk (OTCMKTS:AMKBY) Given Consensus Rating of “Reduce” by Brokerages

Shares of A.P. Moller-Maersk (OTCMKTS:AMKBY) have been given a consensus recommendation of “Reduce” by the thirteen analysts that are presently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a sell rating, six have given a hold rating and one has given a strong buy rating to the company.

Several research firms have weighed in on AMKBY. Morgan Stanley reiterated an “underweight” rating on shares of A.P. Moller-Maersk in a research report on Wednesday, June 24th. Fearnley Fonds raised A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 11th. The Goldman Sachs Group upgraded shares of A.P. Moller-Maersk from a “sell” rating to a “hold” rating in a research note on Friday, July 3rd. Finally, Citigroup restated a “neutral” rating on shares of A.P. Moller-Maersk in a research note on Thursday, June 25th.

A.P. Moller-Maersk Price Performance

Shares of OTCMKTS AMKBY opened at $12.90 on Friday. The company has a 50 day simple moving average of $12.51 and a two-hundred day simple moving average of $12.34. A.P. Moller-Maersk has a fifty-two week low of $9.23 and a fifty-two week high of $14.32. The company has a market capitalization of $40.84 billion, a price-to-earnings ratio of 24.34 and a beta of 0.71. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.85 and a current ratio of 1.98.

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.