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

A.P. Moller-Maersk (OTCMKTS:AMKBYGet Free Report) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 45,526 shares, a decline of 46.8% from the July 30th total of 85,524 shares. Based on an average trading volume of 131,249 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

A number of research firms have recently weighed in on AMKBY. The Goldman Sachs Group raised A.P. Moller-Maersk from a “sell” rating to a “hold” rating in a research note on Friday, July 3rd. Nordea Equity Research raised A.P. Moller-Maersk from a “sell” rating to a “hold” rating in a research note on Friday, August 14th. Citigroup reiterated a “neutral” rating on shares of A.P. Moller-Maersk in a report on Monday, August 17th. Fearnley Fonds raised A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 11th. Finally, Morgan Stanley restated an “underweight” rating on shares of A.P. Moller-Maersk in a report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

View Our Latest Analysis on A.P. Moller-Maersk

A.P. Moller-Maersk Price Performance

Shares of OTCMKTS:AMKBY opened at $17.02 on Monday. The company has a 50 day moving average price of $13.59 and a two-hundred day moving average price of $12.82. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.85 and a current ratio of 1.98. The company has a market capitalization of $53.88 billion, a PE ratio of 21.82 and a beta of 0.70. A.P. Moller-Maersk has a 52 week low of $9.23 and a 52 week high of $17.70.

A.P. Moller-Maersk (OTCMKTS:AMKBYGet Free Report) last announced its quarterly earnings results on Thursday, August 13th. The transportation company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.31. A.P. Moller-Maersk had a net margin of 4.08% and a return on equity of 4.38%. The company had revenue of $15.76 billion for the quarter, compared to analysts’ expectations of $14.07 billion. Analysts forecast that A.P. Moller-Maersk will post 2.2 earnings per share for the current year.

About A.P. Moller-Maersk

(Get Free Report)

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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