A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Short Interest Down 46.1% in December

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 29,000 shares, a decrease of 46.1% from the December 15th total of 53,800 shares. Based on an average daily volume of 250,300 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on AMKBY shares. Wolfe Research cut A.P. Møller – Mærsk A/S from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 9th. UBS Group cut A.P. Møller – Mærsk A/S from a “buy” rating to a “neutral” rating in a report on Thursday, October 17th. Finally, Morgan Stanley downgraded A.P. Møller – Mærsk A/S from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, December 4th. Four investment analysts have rated the stock with a sell rating and one has assigned a hold rating to the company’s stock. According to MarketBeat.com, A.P. Møller – Mærsk A/S has a consensus rating of “Reduce”.

A.P. Møller – Mærsk A/S Stock Performance

A.P. Møller – Mærsk A/S stock opened at $7.36 on Thursday. The company has a quick ratio of 2.28, a current ratio of 2.41 and a debt-to-equity ratio of 0.09. A.P. Møller – Mærsk A/S has a twelve month low of $6.26 and a twelve month high of $9.96. The company’s 50-day moving average price is $8.20 and its 200-day moving average price is $7.94. The company has a market cap of $23.30 billion, a PE ratio of 6.40 and a beta of 1.17.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last issued its quarterly earnings data on Thursday, October 31st. The transportation company reported $0.99 earnings per share for the quarter, hitting the consensus estimate of $0.99. The company had revenue of $15.76 billion for the quarter, compared to analysts’ expectations of $15.66 billion. A.P. Møller – Mærsk A/S had a return on equity of 6.48% and a net margin of 6.82%. On average, equities research analysts forecast that A.P. Møller – Mærsk A/S will post 1.46 EPS for the current fiscal year.

About A.P. Møller – Mærsk A/S

A.P. Møller – Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs.