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

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 72,000 shares, a growth of 227.3% from the February 29th total of 22,000 shares. Based on an average daily trading volume, of 669,000 shares, the days-to-cover ratio is presently 0.1 days.

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

Shares of OTCMKTS:AMKBY opened at $6.50 on Thursday. The firm has a market capitalization of $24.32 billion, a P/E ratio of 5.86 and a beta of 1.32. The stock has a 50 day moving average price of $7.83 and a 200-day moving average price of $8.26. A.P. Møller – Mærsk A/S has a 52-week low of $6.26 and a 52-week high of $11.74.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last posted its quarterly earnings data on Thursday, February 8th. The transportation company reported ($0.14) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.03. A.P. Møller – Mærsk A/S had a negative return on equity of 0.22% and a net margin of 7.48%. The business had revenue of $11.74 billion during the quarter, compared to the consensus estimate of $11.32 billion. On average, equities analysts forecast that A.P. Møller – Mærsk A/S will post 0.56 EPS for the current fiscal year.

A.P. Møller – Mærsk A/S Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, April 3rd. Stockholders of record on Monday, March 18th will be issued a dividend of $0.2412 per share. The ex-dividend date of this dividend is Friday, March 15th. A.P. Møller – Mærsk A/S’s payout ratio is 21.62%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. The Goldman Sachs Group raised A.P. Møller – Mærsk A/S from a “sell” rating to a “neutral” rating in a research note on Tuesday, January 2nd. Jefferies Financial Group raised shares of A.P. Møller – Mærsk A/S from a “hold” rating to a “buy” rating in a research report on Friday, January 5th. Sanford C. Bernstein assumed coverage on shares of A.P. Møller – Mærsk A/S in a research report on Wednesday, February 21st. They issued an “underperform” rating on the stock. BNP Paribas downgraded A.P. Møller – Mærsk A/S from an “outperform” rating to a “neutral” rating in a report on Thursday, January 11th. Finally, JPMorgan Chase & Co. downgraded A.P. Møller – Mærsk A/S from an “overweight” rating to a “neutral” rating in a report on Thursday, January 4th. Five equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, A.P. Møller – Mærsk A/S presently has an average rating of “Hold”.

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.