Short Interest in A.P. Moller-Maersk (OTCMKTS:AMKBY) Decreases By 21.4%

A.P. Moller-Maersk (OTCMKTS:AMKBY) was the target of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 53,150 shares, a decrease of 21.4% from the February 12th total of 67,647 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 187,908 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 187,908 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

A.P. Moller-Maersk Stock Performance

Shares of AMKBY opened at $13.28 on Tuesday. The company has a current ratio of 2.12, a quick ratio of 2.02 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $42.04 billion, a P/E ratio of 15.09 and a beta of 0.87. The firm’s fifty day simple moving average is $12.27 and its two-hundred day simple moving average is $11.03. A.P. Moller-Maersk has a 12 month low of $6.69 and a 12 month high of $13.50.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last issued its quarterly earnings results on Thursday, February 5th. The transportation company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.10). The business had revenue of $13.33 billion for the quarter, compared to analyst estimates of $12.83 billion. A.P. Moller-Maersk had a return on equity of 4.87% and a net margin of 5.05%. As a group, analysts predict that A.P. Moller-Maersk will post 0.41 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on AMKBY shares. Wolfe Research reaffirmed an “underperform” rating on shares of A.P. Moller-Maersk in a report on Thursday, January 8th. Bank of America downgraded A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a research report on Friday, January 23rd. Citigroup reaffirmed a “neutral” rating on shares of A.P. Moller-Maersk in a research note on Monday, February 9th. Clarkson Capital upgraded A.P. Moller-Maersk to a “strong sell” rating in a report on Monday, February 9th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of A.P. Moller-Maersk in a research report on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and eight have issued a Sell rating to the stock. According to MarketBeat, A.P. Moller-Maersk presently has an average 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.