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

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 35,600 shares, a drop of 50.6% from the March 15th total of 72,000 shares. Based on an average daily volume of 679,900 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

AMKBY has been the topic of a number of recent analyst reports. BNP Paribas lowered shares of A.P. Møller – Mærsk A/S from an “outperform” rating to a “neutral” rating in a report on Thursday, January 11th. JPMorgan Chase & Co. lowered shares of A.P. Møller – Mærsk A/S from an “overweight” rating to a “neutral” rating in a report on Thursday, January 4th. The Goldman Sachs Group raised shares of A.P. Møller – Mærsk A/S from a “sell” rating to a “neutral” rating in a report on Tuesday, January 2nd. Sanford C. Bernstein initiated coverage on shares of A.P. Møller – Mærsk A/S in a report on Wednesday, February 21st. They issued an “underperform” rating on the stock. Finally, Jefferies Financial Group raised shares of A.P. Møller – Mærsk A/S from a “hold” rating to a “buy” rating in a report on Friday, January 5th. Five analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

A.P. Møller – Mærsk A/S Trading Up 4.8 %

Shares of AMKBY opened at $6.93 on Friday. The firm’s 50-day moving average price is $7.17 and its 200-day moving average price is $8.08. The firm has a market capitalization of $25.93 billion, a price-to-earnings ratio of 6.24 and a beta of 1.31. The company has a current ratio of 2.50, a quick ratio of 2.37 and a debt-to-equity ratio of 0.08. A.P. Møller – Mærsk A/S has a 1-year low of $6.26 and a 1-year high of $10.60.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last announced its earnings results on Thursday, February 8th. The transportation company reported ($0.14) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.03. The firm had revenue of $11.74 billion for the quarter, compared to analyst estimates of $11.32 billion. A.P. Møller – Mærsk A/S had a net margin of 7.48% and a negative return on equity of 0.22%. Sell-side analysts anticipate that A.P. Møller – Mærsk A/S will post 0.56 EPS for the current year.

A.P. Møller – Mærsk A/S Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, April 3rd. Investors of record on Monday, March 18th were given a dividend of $0.2412 per share. The ex-dividend date was Friday, March 15th. A.P. Møller – Mærsk A/S’s dividend payout ratio (DPR) is currently 21.62%.

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.