A.P. Moller-Maersk (OTCMKTS:AMKBY) Downgraded by Barclays to “Strong Sell”

A.P. Moller-Maersk (OTCMKTS:AMKBY) was downgraded by equities researchers at Barclays from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday, Zacks reports.

Other equities analysts have also issued research reports about the stock. The Goldman Sachs Group lowered shares of A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a report on Thursday, October 22nd. Nordea Equity Research raised shares of A.P. Moller-Maersk from a “sell” rating to a “hold” rating in a research report on Friday, August 14th. Citigroup reiterated a “neutral” rating on shares of A.P. Moller-Maersk in a report on Tuesday, September 29th. UBS Group lowered A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research report on Wednesday, October 21st. Finally, Fearnley Fonds upgraded A.P. Moller-Maersk from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 21st. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat.com, A.P. Moller-Maersk presently has an average rating of “Reduce”.

A.P. Moller-Maersk Trading Up 1.5%

OTCMKTS AMKBY opened at $14.68 on Tuesday. A.P. Moller-Maersk has a one year low of $9.32 and a one year high of $18.76. The company’s 50 day moving average price is $17.40 and its 200 day moving average price is $13.98. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.90 and a current ratio of 2.03. The firm has a market capitalization of $46.47 billion, a price-to-earnings ratio of 10.05 and a beta of 0.71.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last announced its quarterly earnings results on Thursday, November 5th. The transportation company reported $1.05 earnings per share for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.18). A.P. Moller-Maersk had a net margin of 7.04% and a return on equity of 8.14%. The business had revenue of $18.09 billion for the quarter, compared to analyst estimates of $18.25 billion. On average, sell-side analysts predict that A.P. Moller-Maersk will post 2.95 EPS for the current year.

A.P. Moller-Maersk Company Profile

A.P. Moller-Maersk is a Danish transport and logistics company headquartered in Copenhagen. Founded in 1904, it has grown from a shipping business into a global provider of services that help move goods through international supply chains. The company’s activities include container shipping, port operations through APM Terminals, and logistics services such as freight forwarding, warehousing and supply chain management. Its services connect customers with suppliers and markets around the world. Maersk serves businesses across a broad range of industries and operates in markets worldwide.