A.P. Moller-Maersk (OTCMKTS:AMKBY) Short Interest Update

A.P. Moller-Maersk (OTCMKTS:AMKBY) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 85,524 shares, an increase of 90.6% from the July 15th total of 44,872 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 104,033 shares, the short-interest ratio is presently 0.8 days.

Wall Street Analyst Weigh In

A number of analysts have commented on AMKBY shares. Nordea Equity Research raised shares of A.P. Moller-Maersk from a “sell” rating to a “hold” rating in a research note on Friday. Morgan Stanley restated an “underweight” rating on shares of A.P. Moller-Maersk in a report on Wednesday, June 24th. Citigroup restated a “neutral” rating on shares of A.P. Moller-Maersk in a research report on Thursday, June 25th. Fearnley Fonds raised shares of A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 11th. Finally, The Goldman Sachs Group upgraded shares of A.P. Moller-Maersk from a “sell” rating to a “hold” rating in a research report on Friday, July 3rd. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, A.P. Moller-Maersk currently has an average rating of “Reduce”.

A.P. Moller-Maersk Stock Up 8.5%

Shares of A.P. Moller-Maersk stock opened at $15.91 on Friday. A.P. Moller-Maersk has a 1 year low of $9.23 and a 1 year high of $16.00. The company has a market cap of $50.37 billion, a P/E ratio of 20.40 and a beta of 0.70. The company has a current ratio of 1.98, a quick ratio of 1.85 and a debt-to-equity ratio of 0.09. The stock has a 50-day moving average price of $12.84 and a 200 day moving average price of $12.50.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last released its earnings results on Thursday, August 13th. The transportation company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.31. The company had revenue of $15.76 billion for the quarter, compared to analysts’ expectations of $14.07 billion. A.P. Moller-Maersk had a return on equity of 4.38% and a net margin of 4.08%. As a group, analysts expect that A.P. Moller-Maersk will post 1.13 EPS 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.