A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Short Interest Down 75.3% in April

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 8,800 shares, a decrease of 75.3% from the March 31st total of 35,600 shares. Based on an average daily volume of 543,900 shares, the days-to-cover ratio is currently 0.0 days.

A.P. Møller – Mærsk A/S Trading Up 5.6 %

Shares of A.P. Møller – Mærsk A/S stock traded up $0.39 during trading hours on Friday, reaching $7.34. 345,434 shares of the company’s stock were exchanged, compared to its average volume of 212,443. The company has a 50 day moving average of $6.87 and a two-hundred day moving average of $7.92. 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 fifty-two week low of $6.26 and a fifty-two week high of $10.60.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last released its quarterly earnings data on Thursday, February 8th. The transportation company reported ($0.14) EPS for the quarter, beating the consensus estimate of ($0.17) by $0.03. A.P. Møller – Mærsk A/S had a negative return on equity of 0.22% and a net margin of 7.48%. The company had revenue of $11.74 billion during the quarter, compared to the consensus estimate of $11.32 billion. On average, research analysts expect that A.P. Møller – Mærsk A/S will post -0.01 EPS for the current fiscal year.

A.P. Møller – Mærsk A/S Cuts Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AMKBY. BNP Paribas downgraded shares of A.P. Møller – Mærsk A/S from an “outperform” rating to a “neutral” rating in a research note on Thursday, January 11th. Jefferies Financial Group raised A.P. Møller – Mærsk A/S from a “hold” rating to a “buy” rating in a research note on Friday, January 5th. Sanford C. Bernstein assumed coverage on shares of A.P. Møller – Mærsk A/S in a research note on Wednesday, February 21st. They issued an “underperform” rating on the stock. JPMorgan Chase & Co. lowered shares of A.P. Møller – Mærsk A/S from an “overweight” rating to a “neutral” rating in a research report on Thursday, January 4th. Finally, The Goldman Sachs Group upgraded shares of A.P. Møller – Mærsk A/S from a “sell” rating to a “neutral” rating in a research report on Tuesday, January 2nd. 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’s stock. According to MarketBeat, A.P. Møller – Mærsk A/S presently has an average rating of “Hold”.

A.P. Møller – Mærsk A/S Company Profile

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.