A.P. Moller-Maersk (OTCMKTS:AMKBY) Sees Large Volume Increase – Time to Buy?

Shares of A.P. Moller-Maersk (OTCMKTS:AMKBY) saw unusually-high trading volume on Monday . Approximately 90,822 shares were traded during trading, an increase of 20% from the previous session’s volume of 75,635 shares.The stock last traded at $11.72 and had previously closed at $11.37.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Hsbc Global Res upgraded shares of A.P. Moller-Maersk to a “strong-buy” rating in a research note on Monday, September 29th. Citigroup restated a “neutral” rating on shares of A.P. Moller-Maersk in a research report on Thursday, November 13th. Wolfe Research reiterated an “underperform” rating on shares of A.P. Moller-Maersk in a research report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of A.P. Moller-Maersk in a report on Wednesday, December 17th. Finally, Bank of America cut A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat, A.P. Moller-Maersk presently has a consensus rating of “Reduce”.

A.P. Moller-Maersk Trading Up 3.1%

The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 2.05. The company has a market capitalization of $37.12 billion, a price-to-earnings ratio of 7.47 and a beta of 0.88. The business has a fifty day moving average price of $11.02 and a 200 day moving average price of $10.51.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last posted its quarterly earnings data on Thursday, November 6th. The transportation company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.20). A.P. Moller-Maersk had a return on equity of 8.51% and a net margin of 8.83%.The company had revenue of $14.21 billion for the quarter, compared to the consensus estimate of $13.44 billion. On average, equities analysts expect that A.P. Moller-Maersk will post 0.41 EPS for the current fiscal year.

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.