A P MOLLER-MAER/ADR (AMKBY) Cut to Sell at Zacks Investment Research

A P MOLLER-MAER/ADR (OTCMKTS:AMKBY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Monday.

According to Zacks, “A.P. Moeller-Maersk A/S operates as a shipping company. It operates container vessels, tankers, supply ships, special vessels, APM terminials and oil drilling rigs. A.P. Moeller-Maersk A/S is headquartered in Copenhagen, Denmark. “

Separately, Barclays cut A P MOLLER-MAER/ADR from an “equal weight” rating to an “underweight” rating in a research report on Monday, January 7th.

OTCMKTS AMKBY traded up $0.09 during trading hours on Monday, hitting $6.83. 73,100 shares of the company traded hands, compared to its average volume of 158,509. A P MOLLER-MAER/ADR has a twelve month low of $5.92 and a twelve month high of $9.11. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.00 and a current ratio of 2.11. The stock has a market capitalization of $13.73 billion, a PE ratio of 85.31 and a beta of 0.86.

A P MOLLER-MAER/ADR Company Profile

A.P. Møller – Mærsk A/S operates as an integrated transport and logistics company worldwide. The company's Maersk Line segment provides container shipping services. Its APM Terminals segment engages in the container terminal activities; and provision of inland container services. The company's Damco segment provides freight forwarding and supply chain management services.

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