A.P. Moller-Maersk (OTCMKTS:AMKBY) Shares Gap Down – Time to Sell?

A.P. Moller-Maersk (OTCMKTS:AMKBYGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $14.25, but opened at $13.56. A.P. Moller-Maersk shares last traded at $13.66, with a volume of 10,972 shares.

Analyst Ratings Changes

A number of brokerages have recently commented on AMKBY. Morgan Stanley reiterated an “underweight” rating on shares of A.P. Moller-Maersk in a report on Friday, May 8th. Fearnley Fonds upgraded shares of A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a report on Thursday. Citigroup reiterated a “neutral” rating on shares of A.P. Moller-Maersk in a report on Monday, May 18th. Finally, Barclays upgraded shares of A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, A.P. Moller-Maersk has a consensus rating of “Reduce”.

Get Our Latest Research Report on A.P. Moller-Maersk

A.P. Moller-Maersk Trading Down 4.1%

The stock has a market capitalization of $43.24 billion, a price-to-earnings ratio of 25.77 and a beta of 0.71. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.98 and a quick ratio of 1.85. The business’s 50-day simple moving average is $12.14 and its two-hundred day simple moving average is $12.00.

A.P. Moller-Maersk Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for A.P. Moller-Maersk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for A.P. Moller-Maersk and related companies with MarketBeat.com's FREE daily email newsletter.