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

A.P. Moller-Maersk (OTCMKTS:AMKBY) has been assigned an average rating of “Reduce” from the twelve brokerages that are currently covering the stock, MarketBeat Ratings reports. Seven research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a strong buy rating to the company.

AMKBY has been the topic of a number of recent research reports. The Goldman Sachs Group cut A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a report on Wednesday, January 14th. Nordea Equity Research lowered A.P. Moller-Maersk from a “buy” rating to a “sell” rating in a research report on Friday, January 30th. Morgan Stanley reissued an “underweight” rating on shares of A.P. Moller-Maersk in a research report on Friday. Kepler Capital Markets raised A.P. Moller-Maersk from a “reduce” rating to a “hold” rating in a research report on Friday, February 6th. Finally, Citigroup reissued a “neutral” rating on shares of A.P. Moller-Maersk in a research report on Monday, February 9th.

A.P. Moller-Maersk Price Performance

Shares of AMKBY opened at $11.11 on Friday. A.P. Moller-Maersk has a 12-month low of $8.49 and a 12-month high of $14.32. The business’s fifty day moving average is $12.50 and its 200 day moving average is $11.60. The company has a quick ratio of 2.02, a current ratio of 2.12 and a debt-to-equity ratio of 0.08. The stock has a market cap of $35.17 billion, a P/E ratio of 20.96 and a beta of 0.70.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last issued its earnings results on Thursday, February 5th. The transportation company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.10). A.P. Moller-Maersk had a return on equity of 3.14% and a net margin of 3.01%.The firm had revenue of $13.33 billion during the quarter, compared to the consensus estimate of $12.83 billion. Sell-side analysts anticipate that A.P. Moller-Maersk will post -0.2 earnings per share for the current fiscal 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.