Short Interest in A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Decreases By 46.1%

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 29,000 shares, a decline of 46.1% from the December 15th total of 53,800 shares. Based on an average trading volume of 250,300 shares, the short-interest ratio is currently 0.1 days.

A.P. Møller – Mærsk A/S Trading Down 2.9 %

OTCMKTS AMKBY opened at $7.26 on Tuesday. The company has a market capitalization of $22.98 billion, a price-to-earnings ratio of 6.31 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. A.P. Møller – Mærsk A/S has a 12 month low of $6.26 and a 12 month high of $9.96. The company’s fifty day moving average price is $8.22 and its two-hundred day moving average price is $7.95.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last issued its earnings results on Thursday, October 31st. The transportation company reported $0.99 EPS for the quarter, hitting the consensus estimate of $0.99. A.P. Møller – Mærsk A/S had a return on equity of 6.48% and a net margin of 6.82%. The company had revenue of $15.76 billion during the quarter, compared to analyst estimates of $15.66 billion. As a group, research analysts predict that A.P. Møller – Mærsk A/S will post 1.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms recently weighed in on AMKBY. Morgan Stanley downgraded A.P. Møller – Mærsk A/S from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, December 4th. UBS Group cut shares of A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a research report on Thursday, October 17th. Finally, Wolfe Research lowered shares of A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 9th. Four research analysts have rated the stock with a sell rating and one has issued a hold rating to the company. According to data from MarketBeat.com, A.P. Møller – Mærsk A/S has an average 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.