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

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) was the target of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 8,800 shares, a decline of 75.3% from the March 31st total of 35,600 shares. Based on an average trading volume of 543,900 shares, the days-to-cover ratio is currently 0.0 days.

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

AMKBY opened at $6.95 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.50 and a quick ratio of 2.37. The stock has a market capitalization of $26.00 billion, a P/E ratio of 6.26 and a beta of 1.31. The company’s 50 day simple moving average is $6.87 and its 200-day simple moving average is $7.94. A.P. Møller – Mærsk A/S has a one year low of $6.26 and a one year high of $10.60.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last released its earnings results on Thursday, February 8th. The transportation company reported ($0.14) EPS for the quarter, beating the consensus estimate of ($0.17) by $0.03. A.P. Møller – Mærsk A/S had a negative return on equity of 0.22% and a net margin of 7.48%. The company had revenue of $11.74 billion during the quarter, compared to analysts’ expectations of $11.32 billion. Sell-side analysts anticipate that A.P. Møller – Mærsk A/S will post 0.23 earnings per share for the current fiscal year.

A.P. Møller – Mærsk A/S Cuts Dividend

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

Wall Street Analyst Weigh In

AMKBY has been the topic of a number of recent research reports. Jefferies Financial Group raised A.P. Møller – Mærsk A/S from a “hold” rating to a “buy” rating in a report on Friday, January 5th. The Goldman Sachs Group upgraded A.P. Møller – Mærsk A/S from a “sell” rating to a “neutral” rating in a research note on Tuesday, January 2nd. BNP Paribas downgraded shares of A.P. Møller – Mærsk A/S from an “outperform” rating to a “neutral” rating in a research note on Thursday, January 11th. Sanford C. Bernstein initiated coverage on shares of A.P. Møller – Mærsk A/S in a report on Wednesday, February 21st. They set an “underperform” rating for the company. Finally, JPMorgan Chase & Co. cut shares of A.P. Møller – Mærsk A/S from an “overweight” rating to a “neutral” rating in a research note on Thursday, January 4th. Five investment analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently 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.