Shares of A P MOLLER-MAER/ADR (OTCMKTS:AMKBY) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $7.64 and last traded at $7.64, with a volume of 46802 shares. The stock had previously closed at $7.43.
A number of equities analysts have recently weighed in on AMKBY shares. Goldman Sachs Group cut A P MOLLER-MAER/ADR from a “buy” rating to a “neutral” rating in a report on Wednesday, October 16th. Berenberg Bank downgraded A P MOLLER-MAER/ADR from a “buy” rating to a “hold” rating in a research report on Friday, November 22nd. DNB Markets downgraded A P MOLLER-MAER/ADR from a “hold” rating to a “sell” rating in a research report on Monday, November 18th. Zacks Investment Research raised A P MOLLER-MAER/ADR from a “sell” rating to a “buy” rating and set a $7.50 target price for the company in a research report on Monday, November 11th. Finally, JPMorgan Chase & Co. began coverage on A P MOLLER-MAER/ADR in a research report on Friday, November 29th. They issued an “underweight” rating for the company. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company. A P MOLLER-MAER/ADR presently has a consensus rating of “Hold” and a consensus price target of $7.50.
The company has a current ratio of 1.13, a quick ratio of 1.03 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $30.87 billion, a price-to-earnings ratio of 148.60 and a beta of 1.09. The firm has a 50-day moving average of $6.79 and a 200 day moving average of $5.90.
A.P. Møller – Mærsk A/S operates as an integrated transport and logistics company worldwide. The company's Ocean segment engages in container shipping activities, including demurrage and detention, terminal handling, documentation services, container services, and container storage, as well as transhipment services under Maersk Line, Safmarine, Sealand – A Maersk Company, Hamburg Süd, and APM Terminal brands.
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