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

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) was downgraded by equities researchers at UBS Group from a “buy” rating to a “neutral” rating in a note issued to investors on Thursday, Briefing.com reports.

AMKBY has been the subject of several other reports. Wolfe Research downgraded A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 9th. JPMorgan Chase & Co. began coverage on shares of A.P. Møller – Mærsk A/S in a report on Tuesday, September 10th. They issued an “underweight” rating for the company. Three analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, A.P. Møller – Mærsk A/S currently has a consensus rating of “Hold”.

A.P. Møller – Mærsk A/S Price Performance

OTCMKTS AMKBY traded up $0.10 on Thursday, reaching $7.46. The company’s stock had a trading volume of 65,228 shares, compared to its average volume of 263,992. A.P. Møller – Mærsk A/S has a twelve month low of $6.26 and a twelve month high of $10.53. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.28 and a current ratio of 2.41. The firm’s 50 day moving average is $7.63 and its two-hundred day moving average is $7.85. The stock has a market cap of $27.91 billion, a PE ratio of 14.63 and a beta of 1.17.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last issued 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 during the quarter, compared to analysts’ expectations of $13.13 billion. A.P. Møller – Mærsk A/S had a net margin of 2.16% and a return on equity of 1.62%. As a group, sell-side analysts predict that A.P. Møller – Mærsk A/S will post 1.08 EPS 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.