A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Short Interest Down 89.3% in January

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) was the recipient of a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 21,500 shares, a decrease of 89.3% from the January 15th total of 201,200 shares. Based on an average trading volume of 524,800 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Morgan Stanley downgraded shares of A.P. Møller – Mærsk A/S from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, December 4th. UBS Group lowered shares of A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a research report on Thursday, October 17th. Four research analysts have rated the stock with a sell rating and one has issued a hold rating to the company’s stock. According to data from MarketBeat.com, A.P. Møller – Mærsk A/S has an average rating of “Reduce”.

A.P. Møller – Mærsk A/S Price Performance

A.P. Møller – Mærsk A/S stock opened at $8.18 on Friday. The stock has a 50-day moving average price of $7.88 and a two-hundred day moving average price of $7.83. A.P. Møller – Mærsk A/S has a 12 month low of $6.26 and a 12 month high of $9.75. The company has a market capitalization of $25.90 billion, a PE ratio of 4.19 and a beta of 1.14. The company has a current ratio of 2.53, a quick ratio of 2.41 and a debt-to-equity ratio of 0.08.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last issued its quarterly earnings data on Thursday, February 13th. The transportation company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.27. A.P. Møller – Mærsk A/S had a net margin of 11.01% and a return on equity of 11.22%. Analysts expect that A.P. Møller – Mærsk A/S will post 0.49 EPS for the current year.

About A.P. Møller – Mærsk A/S

A.P. Møller – Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs.