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

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) announced its quarterly earnings results on Thursday. The transportation company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.42 by $0.27, Zacks reports. A.P. Møller – Mærsk A/S had a return on equity of 11.22% and a net margin of 11.01%.

A.P. Møller – Mærsk A/S Trading Down 2.6 %

Shares of AMKBY opened at $8.18 on Friday. A.P. Møller – Mærsk A/S has a one year low of $6.26 and a one year high of $9.75. The stock has a 50-day moving average price of $7.88 and a 200 day moving average price of $7.83. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.41 and a current ratio of 2.53. The company has a market capitalization of $25.90 billion, a P/E ratio of 4.19 and a beta of 1.14.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. UBS Group lowered shares of A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a report on Thursday, October 17th. 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. Four equities research analysts have rated the stock with a sell rating and one has given a hold rating to the company. According to MarketBeat.com, the stock 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.