A.P. Moller-Maersk (AMKBY) to Post Earnings on Thursday

A.P. Moller-Maersk (OTCMKTS:AMKBY) is expected to be releasing its results before the market opens on Thursday, August 6th. Analysts expect A.P. Moller-Maersk to post earnings of $0.1433 per share and revenue of $14.0715 billion for the quarter.

A.P. Moller-Maersk Stock Performance

OTCMKTS AMKBY opened at $13.18 on Tuesday. The company has a quick ratio of 1.85, a current ratio of 1.98 and a debt-to-equity ratio of 0.09. A.P. Moller-Maersk has a twelve month low of $9.23 and a twelve month high of $14.32. The business has a 50-day moving average price of $12.66 and a 200-day moving average price of $12.38. The firm has a market cap of $41.72 billion, a price-to-earnings ratio of 24.87 and a beta of 0.70.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. The Goldman Sachs Group raised shares of A.P. Moller-Maersk from a “sell” rating to a “hold” rating in a report on Friday, July 3rd. Citigroup restated a “neutral” rating on shares of A.P. Moller-Maersk in a research report on Thursday, June 25th. Morgan Stanley reissued an “underweight” rating on shares of A.P. Moller-Maersk in a research note on Wednesday, June 24th. Finally, Fearnley Fonds raised A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a report on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, six have given a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat, the company 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.