A.P. Moller-Maersk (OTCMKTS:AMKBY) Given Consensus Rating of “Reduce” by Brokerages

Shares of A.P. Moller-Maersk (OTCMKTS:AMKBY) have received an average recommendation of “Reduce” from the twelve brokerages that are currently covering the company, MarketBeat.com reports. Seven investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a strong buy recommendation on the company.

Several analysts have recently commented on AMKBY shares. Morgan Stanley reissued an “underweight” rating on shares of A.P. Moller-Maersk in a research note on Friday, May 8th. Clarkson Capital upgraded A.P. Moller-Maersk to a “strong sell” rating in a report on Monday, February 9th. Kepler Capital Markets raised shares of A.P. Moller-Maersk from a “reduce” rating to a “hold” rating in a research note on Friday, February 6th. Barclays raised shares of A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a research note on Friday, March 6th. Finally, Citigroup reaffirmed a “neutral” rating on shares of A.P. Moller-Maersk in a research note on Monday, May 18th.

A.P. Moller-Maersk Price Performance

AMKBY opened at $12.71 on Thursday. A.P. Moller-Maersk has a one year low of $8.95 and a one year high of $14.32. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.98 and a quick ratio of 1.85. The company’s 50 day simple moving average is $12.02 and its 200-day simple moving average is $11.82. The stock has a market capitalization of $40.24 billion, a P/E ratio of 23.98 and a beta of 0.71.

A.P. Moller-Maersk Company Profile

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.