A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Given Consensus Rating of “Reduce” by Brokerages

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) has received an average rating of “Reduce” from the eight ratings firms that are currently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a buy recommendation to the company.

A number of equities research analysts have recently commented on the company. Wolfe Research cut A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 9th. Morgan Stanley lowered 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 downgraded shares of A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a research note on Thursday, October 17th. Finally, JPMorgan Chase & Co. assumed coverage on shares of A.P. Møller – Mærsk A/S in a research report on Tuesday, September 10th. They set an “underweight” rating for the company.

A.P. Møller – Mærsk A/S Trading Down 1.1 %

Shares of OTCMKTS AMKBY opened at $7.95 on Thursday. A.P. Møller – Mærsk A/S has a 1 year low of $6.26 and a 1 year high of $10.53. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.41 and a quick ratio of 2.28. The firm has a 50-day moving average of $8.03 and a 200 day moving average of $8.00. The stock has a market cap of $25.17 billion, a P/E ratio of 6.91 and a beta of 1.17.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last released its earnings results on Thursday, October 31st. The transportation company reported $0.99 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.99. The firm had revenue of $15.76 billion during the quarter, compared to analyst estimates of $15.66 billion. A.P. Møller – Mærsk A/S had a net margin of 6.82% and a return on equity of 6.48%. As a group, sell-side analysts expect that A.P. Møller – Mærsk A/S will post 1.46 EPS for the current fiscal 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.