A.P. Moller-Maersk (OTCMKTS:AMKBY) Receives Consensus Rating of “Reduce” from Analysts

A.P. Moller-Maersk (OTCMKTS:AMKBY) has received an average rating of “Reduce” from the thirteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. Seven research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a strong buy rating to the company.

A number of analysts recently commented on the stock. Fearnley Fonds upgraded shares of A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 11th. Barclays upgraded shares of A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a research note on Friday, March 6th. Citigroup reiterated a “neutral” rating on shares of A.P. Moller-Maersk in a research note on Thursday. Finally, Morgan Stanley reiterated an “underweight” rating on shares of A.P. Moller-Maersk in a research note on Wednesday.

A.P. Moller-Maersk Price Performance

AMKBY stock opened at $12.08 on Monday. The firm has a 50 day moving average of $12.12 and a 200 day moving average of $12.17. The stock has a market capitalization of $38.24 billion, a PE ratio of 22.79 and a beta of 0.71. The company has a quick ratio of 1.85, a current ratio of 1.98 and a debt-to-equity ratio of 0.09. A.P. Moller-Maersk has a 52 week low of $9.15 and a 52 week high of $14.32.

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.