A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Research Coverage Started at JPMorgan Chase & Co.

JPMorgan Chase & Co. assumed coverage on shares of A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) in a research note released on Tuesday, StockNewsAPI reports. The brokerage issued an underweight rating on the transportation company’s stock.

Separately, Wolfe Research started coverage on A.P. Møller – Mærsk A/S in a research report on Monday, July 15th. They set a peer perform rating on the stock. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of Hold.

A.P. Møller – Mærsk A/S Trading Up 0.4 %

OTCMKTS AMKBY opened at $7.49 on Tuesday. The firm has a market cap of $28.02 billion, a P/E ratio of 14.69 and a beta of 1.17. 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 stock’s 50-day moving average is $7.73 and its 200-day moving average is $7.69. A.P. Møller – Mærsk A/S has a one year low of $6.26 and a one year high of $10.53.

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

A.P. Møller – Mærsk A/S Company Profile

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.