A.P. Moller-Maersk (OTCMKTS:AMKBY – Get Free Report) was the recipient of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 23,916 shares, a drop of 45.0% from the April 15th total of 43,467 shares. Based on an average trading volume of 271,686 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.
A.P. Moller-Maersk Stock Performance
Shares of AMKBY stock opened at $11.29 on Monday. 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 52-week low of $8.84 and a 52-week high of $14.32. The company has a market capitalization of $35.74 billion, a PE ratio of 21.30 and a beta of 0.70. The business’s fifty day moving average is $12.32 and its 200 day moving average is $11.64.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the company. Nordea Equity Research lowered A.P. Moller-Maersk from a “buy” rating to a “sell” rating in a report on Friday, January 30th. Bank of America lowered A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a report on Friday, January 23rd. Barclays raised A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a report on Friday, March 6th. Kepler Capital Markets raised A.P. Moller-Maersk from a “reduce” rating to a “hold” rating in a report on Friday, February 6th. Finally, Citigroup reaffirmed a “neutral” rating on shares of A.P. Moller-Maersk in a report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and seven have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce”.
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.
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