A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Sees Significant Drop in Short Interest

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

Wall Street Analyst Weigh In

A number of brokerages have weighed in on AMKBY. Morgan Stanley downgraded A.P. Møller – Mærsk A/S from an “equal weight” rating to an “underweight” rating in a report on Wednesday, December 4th. UBS Group cut A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a research note on Thursday, October 17th. Four analysts have rated the stock with a sell rating and one has given a hold rating to the company’s stock. Based on data from MarketBeat, A.P. Møller – Mærsk A/S has a consensus rating of “Reduce”.

A.P. Møller – Mærsk A/S Stock Down 2.6 %

Shares of OTCMKTS AMKBY opened at $8.18 on Friday. The company has a quick ratio of 2.41, a current ratio of 2.53 and a debt-to-equity ratio of 0.08. The firm has a market cap of $25.90 billion, a PE ratio of 4.19 and a beta of 1.14. The company’s fifty day simple moving average is $7.88 and its 200 day simple moving average is $7.83. A.P. Møller – Mærsk A/S has a 12-month low of $6.26 and a 12-month high of $9.75.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last announced its quarterly earnings data on Thursday, February 13th. The transportation company reported $0.69 earnings per share for the quarter, beating the consensus estimate 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%. As a group, sell-side analysts forecast that A.P. Møller – Mærsk A/S will post 0.49 earnings per share 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.