A.P. Moller-Maersk (OTCMKTS:AMKBY) Sees Significant Decrease in Short Interest

A.P. Moller-Maersk (OTCMKTS:AMKBY) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 74,582 shares, a decrease of 45.0% from the November 30th total of 135,548 shares. Based on an average daily volume of 191,081 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 191,081 shares, the days-to-cover ratio is currently 0.4 days.

Analysts Set New Price Targets

A number of equities analysts have recently commented on AMKBY shares. Hsbc Global Res raised A.P. Moller-Maersk to a “strong-buy” rating in a research report on Monday, September 29th. BNP Paribas Exane downgraded shares of A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a research note on Wednesday, September 17th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of A.P. Moller-Maersk in a report on Wednesday, December 17th. BNP Paribas lowered shares of A.P. Moller-Maersk to a “strong sell” rating in a report on Wednesday, September 17th. Finally, Citigroup reaffirmed a “neutral” rating on shares of A.P. Moller-Maersk in a research report on Thursday, November 13th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, A.P. Moller-Maersk currently has an average rating of “Reduce”.

A.P. Moller-Maersk Trading Down 0.3%

Shares of A.P. Moller-Maersk stock opened at $11.41 on Monday. The company has a current ratio of 2.16, a quick ratio of 2.05 and a debt-to-equity ratio of 0.08. The company has a fifty day simple moving average of $10.37 and a 200-day simple moving average of $10.18. The stock has a market cap of $36.12 billion, a price-to-earnings ratio of 7.27 and a beta of 0.91. A.P. Moller-Maersk has a 12-month low of $6.69 and a 12-month high of $11.65.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last announced its quarterly earnings results on Thursday, November 6th. The transportation company reported $0.31 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 analyst estimates of $13.44 billion. On average, equities analysts forecast that A.P. Moller-Maersk will post 0.41 EPS for the current fiscal year.

A.P. Moller-Maersk Company Profile

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.