Short Interest in A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Decreases By 52.5%

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) saw a large decline in short interest in July. As of July 15th, there was short interest totalling 57,500 shares, a decline of 52.5% from the June 30th total of 121,100 shares. Based on an average daily volume of 626,700 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Wolfe Research initiated coverage on shares of A.P. Møller – Mærsk A/S in a research report on Monday, July 15th. They set a “peer perform” rating on the stock. Four research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold”.

A.P. Møller – Mærsk A/S Stock Down 1.8 %

OTCMKTS AMKBY traded down $0.14 on Friday, hitting $7.58. 117,968 shares of the company were exchanged, compared to its average volume of 233,892. The firm has a 50 day moving average of $8.48 and a two-hundred day moving average of $7.96. The company has a quick ratio of 2.30, a current ratio of 2.43 and a debt-to-equity ratio of 0.10. A.P. Møller – Mærsk A/S has a 1-year low of $6.26 and a 1-year high of $10.53.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last issued its quarterly earnings results on Thursday, May 2nd. The transportation company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.03. The business had revenue of $12.36 billion for the quarter. A.P. Møller – Mærsk A/S had a net margin of 3.48% and a return on equity of 0.66%. On average, research analysts expect that A.P. Møller – Mærsk A/S will post 0.99 EPS for the current year.

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

The company also recently disclosed a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Thursday, May 30th were issued a dividend of $0.2839 per share. This is a boost from A.P. Møller – Mærsk A/S’s previous dividend of $0.24. This represents a yield of 3.31%. The ex-dividend date was Wednesday, May 29th. A.P. Møller – Mærsk A/S’s payout ratio is currently 47.06%.

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.