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

Shares of A.P. Moller-Maersk (OTCMKTS:AMKBY) have earned a consensus rating of “Reduce” from the thirteen research firms that are currently covering the firm, MarketBeat.com reports. Six research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and one has issued a strong buy recommendation on the company.

A number of research firms recently commented on AMKBY. Morgan Stanley reiterated an “underweight” rating on shares of A.P. Moller-Maersk in a research report on Wednesday, June 24th. Fearnley Fonds upgraded A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a report on Thursday, June 11th. The Goldman Sachs Group raised A.P. Moller-Maersk from a “sell” rating to a “hold” rating in a report on Friday, July 3rd. Finally, Citigroup reiterated a “neutral” rating on shares of A.P. Moller-Maersk in a research report on Thursday, June 25th.

A.P. Moller-Maersk Trading Up 0.6%

A.P. Moller-Maersk stock opened at $12.98 on Friday. The firm has a 50 day moving average of $12.48 and a 200 day moving average of $12.33. The firm has a market capitalization of $41.08 billion, a price-to-earnings ratio of 24.49 and a beta of 0.71. A.P. Moller-Maersk has a 12-month low of $9.23 and a 12-month high of $14.32. The company has a current ratio of 1.98, a quick ratio of 1.85 and a debt-to-equity ratio of 0.09.

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.