A.P. Moller-Maersk (OTCMKTS:AMKBY) Sees Large Growth in Short Interest

A.P. Moller-Maersk (OTCMKTS:AMKBY) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 32,953 shares, an increase of 26.1% from the January 15th total of 26,124 shares. Based on an average trading volume of 156,352 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 156,352 shares, the short-interest ratio is currently 0.2 days.

A.P. Moller-Maersk Stock Up 0.2%

OTCMKTS AMKBY opened at $12.16 on Wednesday. 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 market cap of $38.50 billion, a price-to-earnings ratio of 13.82 and a beta of 0.87. The company has a 50 day moving average of $11.78 and a 200-day moving average of $10.76. A.P. Moller-Maersk has a 1-year low of $6.69 and a 1-year high of $12.65.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last posted its quarterly earnings data on Thursday, February 5th. The transportation company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.10). The company had revenue of $13.33 billion for the quarter, compared to the consensus estimate of $12.83 billion. A.P. Moller-Maersk had a return on equity of 4.86% and a net margin of 5.05%. On average, equities research analysts expect that A.P. Moller-Maersk will post 0.41 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Bank of America lowered shares of A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a research report on Friday, January 23rd. Kepler Capital Markets raised shares of A.P. Moller-Maersk from a “reduce” rating to a “hold” rating in a report on Friday, February 6th. The Goldman Sachs Group cut A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a report on Wednesday, January 14th. Nordea Equity Research downgraded A.P. Moller-Maersk from a “buy” rating to a “sell” rating in a research report on Friday, January 30th. Finally, Wolfe Research reissued an “underperform” rating on shares of A.P. Moller-Maersk in a report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and eight have given a Sell rating to the stock. According to MarketBeat.com, A.P. Moller-Maersk currently has a consensus rating of “Reduce”.

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.