A P MOLLER-MAER/ADR (OTCMKTS:AMKBY) Downgraded to “Sell” at Zacks Investment Research

Zacks Investment Research cut shares of A P MOLLER-MAER/ADR (OTCMKTS:AMKBY) from a hold rating to a sell rating in a report published on Wednesday morning, Zacks.com reports.

According to Zacks, “A.P. Moeller-Maersk A/S operates as a shipping company. It operates container vessels, tankers, supply ships, special vessels, APM terminials and oil drilling rigs. A.P. Moeller-Maersk A/S is headquartered in Copenhagen, Denmark. “

Separately, Goldman Sachs Group cut A P MOLLER-MAER/ADR from a buy rating to a neutral rating in a report on Monday, July 8th.

A P MOLLER-MAER/ADR stock traded down $0.03 during trading hours on Wednesday, hitting $5.86. 19,180 shares of the stock traded hands, compared to its average volume of 85,009. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.13 and a quick ratio of 1.03. The firm’s 50 day moving average price is $5.60 and its 200-day moving average price is $5.85. The stock has a market capitalization of $24.41 billion, a price-to-earnings ratio of 117.24 and a beta of 1.01. A P MOLLER-MAER/ADR has a 1 year low of $5.07 and a 1 year high of $7.57.

A P MOLLER-MAER/ADR (OTCMKTS:AMKBY) last posted its quarterly earnings results on Thursday, August 15th. The transportation company reported $0.04 earnings per share for the quarter. The business had revenue of $9.63 billion for the quarter, compared to the consensus estimate of $9.85 billion. A P MOLLER-MAER/ADR had a positive return on equity of 0.97% and a negative net margin of 0.20%. Research analysts forecast that A P MOLLER-MAER/ADR will post 0.1 earnings per share for the current fiscal year.

About A P MOLLER-MAER/ADR

A.P. Møller – Mærsk A/S operates as an integrated transport and logistics company worldwide. The company's Ocean segment engages in container shipping activities, including demurrage and detention, terminal handling, documentation services, container services, and container storage, as well as transhipment services under Maersk Line, Safmarine, Sealand – A Maersk Company, Hamburg Süd, and APM Terminal brands.

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