A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Receives Average Recommendation of “Reduce” from Brokerages

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) has been given an average recommendation of “Reduce” by the eight brokerages that are currently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has issued a buy recommendation on the company.

A number of research firms recently weighed in on AMKBY. JPMorgan Chase & Co. began coverage on shares of A.P. Møller – Mærsk A/S in a research note on Tuesday, September 10th. They issued an “underweight” rating for the company. Wolfe Research began coverage on shares of A.P. Møller – Mærsk A/S in a research note on Monday, July 15th. They issued a “peer perform” rating for the company.

A.P. Møller – Mærsk A/S Trading Down 5.3 %

OTCMKTS:AMKBY opened at $7.19 on Friday. The company has a current ratio of 2.41, a quick ratio of 2.28 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $26.90 billion, a PE ratio of 14.10 and a beta of 1.17. The firm’s 50 day moving average is $7.71 and its 200 day moving average is $7.80. A.P. Møller – Mærsk A/S has a 12 month low of $6.26 and a 12 month high of $10.53.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last released its quarterly earnings data on Wednesday, August 7th. The transportation company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.01. A.P. Møller – Mærsk A/S had a net margin of 2.16% and a return on equity of 1.62%. The business had revenue of $12.77 billion during the quarter, compared to analyst estimates of $13.13 billion. Sell-side analysts expect that A.P. Møller – Mærsk A/S will post 1.11 earnings per share 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.