A.P. Moller-Maersk (OTCMKTS:AMKBY) Upgraded to Hold at Barclays

Barclays upgraded shares of A.P. Moller-Maersk (OTCMKTS:AMKBY) from a strong sell rating to a hold rating in a report released on Friday,Zacks.com reports.

Other research analysts also recently issued research reports about the company. Bank of America downgraded A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a research note on Friday, January 23rd. Clarkson Capital upgraded A.P. Moller-Maersk to a “strong sell” rating in a report on Monday, February 9th. Kepler Capital Markets upgraded A.P. Moller-Maersk from a “reduce” rating to a “hold” rating in a report on Friday, February 6th. Nordea Equity Research lowered shares of A.P. Moller-Maersk from a “buy” rating to a “sell” rating in a research report on Friday, January 30th. Finally, The Goldman Sachs Group cut shares of A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a research note on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and eight have assigned a Sell rating to the stock. According to MarketBeat, A.P. Moller-Maersk currently has a consensus rating of “Reduce”.

A.P. Moller-Maersk Stock Up 0.9%

AMKBY stock traded up $0.12 during midday trading on Friday, reaching $13.21. The company had a trading volume of 85,901 shares, compared to its average volume of 107,648. The company has a 50 day moving average of $12.11 and a two-hundred day moving average of $10.93. The company has a market capitalization of $41.82 billion, a P/E ratio of 15.01 and a beta of 0.87. A.P. Moller-Maersk has a 1 year low of $6.69 and a 1 year high of $13.50. The company has a current ratio of 2.12, a quick ratio of 2.02 and a debt-to-equity ratio of 0.08.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last posted 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). A.P. Moller-Maersk had a return on equity of 4.87% and a net margin of 5.05%.The company had revenue of $13.33 billion during the quarter, compared to analyst estimates of $12.83 billion. On average, equities research analysts expect that A.P. Moller-Maersk will post 0.41 earnings per share for the current fiscal year.

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.