A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Short Interest Update

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 106,400 shares, an increase of 38.0% from the October 31st total of 77,100 shares. Based on an average daily volume of 506,400 shares, the short-interest ratio is presently 0.2 days.

A.P. Møller – Mærsk A/S Stock Up 1.0 %

Shares of OTCMKTS:AMKBY traded up $0.08 during midday trading on Friday, reaching $8.08. The company’s stock had a trading volume of 85,318 shares, compared to its average volume of 233,321. A.P. Møller – Mærsk A/S has a fifty-two week low of $6.26 and a fifty-two week high of $10.53. The company has a quick ratio of 2.28, a current ratio of 2.41 and a debt-to-equity ratio of 0.09. The firm has a 50 day moving average price of $7.86 and a two-hundred day moving average price of $8.04.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last issued its earnings results on Thursday, October 31st. The transportation company reported $0.99 EPS for the quarter, meeting the consensus estimate of $0.99. The company had revenue of $15.76 billion during the quarter, compared to the consensus estimate of $15.66 billion. A.P. Møller – Mærsk A/S had a return on equity of 6.48% and a net margin of 6.82%. As a group, equities analysts forecast that A.P. Møller – Mærsk A/S will post 1.46 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on AMKBY. JPMorgan Chase & Co. assumed 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. Wolfe Research lowered shares of A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 9th. Finally, UBS Group downgraded A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a report on Thursday, October 17th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

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.