A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Short Interest Update

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 72,000 shares, a growth of 227.3% from the February 29th total of 22,000 shares. Based on an average daily volume of 669,000 shares, the short-interest ratio is currently 0.1 days.

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

Shares of AMKBY stock opened at $6.49 on Friday. The firm has a 50-day moving average price of $7.76 and a 200 day moving average price of $8.25. A.P. Møller – Mærsk A/S has a twelve month low of $6.26 and a twelve month high of $10.60.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last posted its quarterly earnings data on Thursday, February 8th. The transportation company reported ($0.14) EPS for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.03. A.P. Møller – Mærsk A/S had a net margin of 7.48% and a negative return on equity of 0.22%. The company had revenue of $11.74 billion during the quarter, compared to the consensus estimate of $11.32 billion. Equities analysts predict that A.P. Møller – Mærsk A/S will post 0.56 earnings per share for the current year.

A.P. Møller – Mærsk A/S Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, April 3rd. Stockholders of record on Monday, March 18th will be issued a dividend of $0.2412 per share. The ex-dividend date is Friday, March 15th. A.P. Møller – Mærsk A/S’s payout ratio is currently 21.62%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. JPMorgan Chase & Co. lowered shares of A.P. Møller – Mærsk A/S from an “overweight” rating to a “neutral” rating in a research report on Thursday, January 4th. The Goldman Sachs Group raised A.P. Møller – Mærsk A/S from a “sell” rating to a “neutral” rating in a research note on Tuesday, January 2nd. Sanford C. Bernstein started coverage on A.P. Møller – Mærsk A/S in a research note on Wednesday, February 21st. They set an “underperform” rating for the company. BNP Paribas downgraded A.P. Møller – Mærsk A/S from an “outperform” rating to a “neutral” rating in a research note on Thursday, January 11th. Finally, Jefferies Financial Group raised A.P. Møller – Mærsk A/S from a “hold” rating to a “buy” rating in a research note on Friday, January 5th. Five analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, A.P. Møller – Mærsk A/S presently has a consensus rating of “Hold”.

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.