A.P. Moller-Maersk (OTCMKTS:AMKBY) Receives Consensus Recommendation of “Reduce” from Brokerages

A.P. Moller-Maersk (OTCMKTS:AMKBY) has received an average rating of “Reduce” from the twelve research firms that are currently covering the company, Marketbeat reports. Seven equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a strong buy rating to the company.

Several research firms recently issued reports on AMKBY. Barclays raised shares of A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a report on Friday, March 6th. Morgan Stanley reissued an “underweight” rating on shares of A.P. Moller-Maersk in a report on Friday, May 8th. Finally, Citigroup reissued a “neutral” rating on shares of A.P. Moller-Maersk in a report on Monday, May 18th.

A.P. Moller-Maersk Price Performance

Shares of AMKBY opened at $13.97 on Thursday. A.P. Moller-Maersk has a fifty-two week low of $8.95 and a fifty-two week high of $14.32. The company has a market capitalization of $44.23 billion, a price-to-earnings ratio of 26.36 and a beta of 0.71. The firm has a 50-day simple moving average of $12.10 and a 200-day simple moving average of $11.96. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.85 and a current ratio of 1.98.

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.