A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Hits New 12-Month High – What’s Next?

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $9.76 and last traded at $9.56, with a volume of 445018 shares trading hands. The stock had previously closed at $9.11.

Analyst Ratings Changes

Separately, Morgan Stanley lowered A.P. Møller – Mærsk A/S from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, December 4th.

A.P. Møller – Mærsk A/S Trading Down 2.5 %

The stock has a 50-day moving average of $8.08 and a two-hundred day moving average of $7.96. The company has a market cap of $28.46 billion, a P/E ratio of 4.61 and a beta of 1.07. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.33 and a current ratio of 2.45.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last posted its quarterly earnings results on Thursday, February 13th. The transportation company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.27. A.P. Møller – Mærsk A/S had a return on equity of 11.03% and a net margin of 11.01%. On average, equities research analysts predict that A.P. Møller – Mærsk A/S will post 0.41 earnings per share for the current year.

A.P. Møller – Mærsk A/S Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, April 7th. Stockholders of record on Thursday, March 20th will be issued a dividend of $0.7832 per share. This is a boost from A.P. Møller – Mærsk A/S’s previous dividend of $0.28. The ex-dividend date is Thursday, March 20th. A.P. Møller – Mærsk A/S’s dividend payout ratio is presently 25.64%.

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.