A.P. Moller-Maersk (OTCMKTS:AMKBY) Short Interest Down 38.1% in December

A.P. Moller-Maersk (OTCMKTS:AMKBY) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 46,131 shares, a drop of 38.1% from the December 15th total of 74,582 shares. Based on an average trading volume of 112,810 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 112,810 shares, the short-interest ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Citigroup reiterated a “neutral” rating on shares of A.P. Moller-Maersk in a research note on Thursday, November 13th. The Goldman Sachs Group cut A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research report on Wednesday. Wolfe Research reissued an “underperform” rating on shares of A.P. Moller-Maersk in a report on Thursday, January 8th. Hsbc Global Res upgraded A.P. Moller-Maersk to a “strong-buy” rating in a research note on Monday, September 29th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of A.P. Moller-Maersk in a research report on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat.com, A.P. Moller-Maersk currently has an average rating of “Reduce”.

A.P. Moller-Maersk Price Performance

Shares of OTCMKTS AMKBY opened at $11.57 on Friday. The firm has a market cap of $36.63 billion, a P/E ratio of 7.37 and a beta of 0.88. The company has a current ratio of 2.16, a quick ratio of 2.05 and a debt-to-equity ratio of 0.08. A.P. Moller-Maersk has a 1-year low of $6.69 and a 1-year high of $12.63. The business’s 50 day moving average is $10.81 and its 200-day moving average is $10.41.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last released its quarterly earnings results on Thursday, November 6th. The transportation company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.20). A.P. Moller-Maersk had a net margin of 8.83% and a return on equity of 8.51%. The firm had revenue of $14.21 billion during the quarter, compared to the consensus estimate of $13.44 billion. Equities research analysts predict that A.P. Moller-Maersk will post 0.41 earnings per share for the current year.

About A.P. Moller-Maersk

A.P. Moller-Maersk A/S is a Danish integrated transport and logistics company headquartered in Copenhagen. Operating under the Maersk brand worldwide, the group provides container shipping and end-to-end logistics services, combining ocean freight with land-based transportation, contract logistics, warehousing, and supply chain management for global shippers and manufacturers.

The company’s core activities include container shipping operations, terminal services through APM Terminals, and a growing logistics and services business that offers freight forwarding, customs brokerage, inland transportation and warehousing.