A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Releases Quarterly Earnings Results, Beats Estimates By $0.27 EPS

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) posted its quarterly earnings data on Thursday. The transportation company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.27, Zacks reports. A.P. Møller – Mærsk A/S had a return on equity of 6.40% and a net margin of 6.82%.

A.P. Møller – Mærsk A/S Stock Up 4.7 %

Shares of A.P. Møller – Mærsk A/S stock traded up $0.35 on Thursday, reaching $7.86. 942,621 shares of the company were exchanged, compared to its average volume of 215,976. The company has a market capitalization of $24.88 billion, a price-to-earnings ratio of 6.83 and a beta of 1.14. The company has a current ratio of 2.53, a quick ratio of 2.41 and a debt-to-equity ratio of 0.08. The company has a 50-day moving average of $7.92 and a 200 day moving average of $7.81. A.P. Møller – Mærsk A/S has a one year low of $6.26 and a one year high of $9.75.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Morgan Stanley cut shares of A.P. Møller – Mærsk A/S from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, December 4th. UBS Group downgraded 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 cut 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 equities research analysts have rated the stock with a sell rating and one has given a hold rating to the company’s stock. According to MarketBeat.com, A.P. Møller – Mærsk A/S has a consensus rating of “Reduce”.

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.