A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Short Interest Up 593.8% in January

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 201,200 shares, a growth of 593.8% from the December 31st total of 29,000 shares. Based on an average trading volume of 357,000 shares, the short-interest ratio is currently 0.6 days.

A.P. Møller – Mærsk A/S Price Performance

A.P. Møller – Mærsk A/S stock traded up $0.02 during trading hours on Friday, hitting $7.31. 88,097 shares of the company traded hands, compared to its average volume of 190,443. A.P. Møller – Mærsk A/S has a 1-year low of $6.26 and a 1-year high of $9.75. The firm has a market cap of $23.14 billion, a P/E ratio of 6.36 and a beta of 1.17. The firm’s 50-day simple moving average is $7.95 and its two-hundred day simple moving average is $7.82. The company has a quick ratio of 2.41, a current ratio of 2.53 and a debt-to-equity ratio of 0.08.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last posted its quarterly earnings data on Thursday, October 31st. The transportation company reported $0.99 earnings per share for the quarter, meeting the consensus estimate of $0.99. A.P. Møller – Mærsk A/S had a net margin of 6.82% and a return on equity of 6.40%. The company had revenue of $15.76 billion during the quarter, compared to analyst estimates of $15.66 billion. As a group, analysts forecast that A.P. Møller – Mærsk A/S will post 1.71 earnings per share for the current fiscal year.

Analyst Ratings Changes

AMKBY has been the subject of a number of analyst reports. Wolfe Research lowered shares of A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 9th. UBS Group downgraded A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a research report on Thursday, October 17th. Finally, Morgan Stanley downgraded A.P. Møller – Mærsk A/S from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, December 4th. Four investment analysts have rated the stock with a sell rating and one has assigned a hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce”.

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.