A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Downgraded by UBS Group

UBS Group downgraded shares of A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) from a buy rating to a neutral rating in a research report report published on Thursday morning, Marketbeat reports.

AMKBY has been the topic of a number of other reports. JPMorgan Chase & Co. assumed coverage on A.P. Møller – Mærsk A/S in a research report on Tuesday, September 10th. They issued an “underweight” rating on the stock. Wolfe Research cut A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 9th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold”.

A.P. Møller – Mærsk A/S Stock Up 3.7 %

Shares of OTCMKTS AMKBY opened at $7.61 on Thursday. The firm has a fifty day simple moving average of $7.62 and a two-hundred day simple moving average of $7.87. The firm has a market capitalization of $28.47 billion, a PE ratio of 14.92 and a beta of 1.17. The company has a current ratio of 2.41, a quick ratio of 2.28 and a debt-to-equity ratio of 0.09. 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 posted its earnings results on Wednesday, August 7th. The transportation company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01. The firm had revenue of $12.77 billion for the quarter, compared to the consensus estimate 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%. Equities analysts expect that A.P. Møller – Mærsk A/S will post 1.08 earnings per share for the current 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.