A.P. Moller-Maersk (OTCMKTS:AMKBY) Sets New 12-Month High – Should You Buy?
by Jessica Moore · The Cerbat GemA.P. Moller-Maersk (OTCMKTS:AMKBY – Get Free Report)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $11.7565 and last traded at $11.7565, with a volume of 33794 shares traded. The stock had previously closed at $11.49.
Analysts Set New Price Targets
AMKBY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of A.P. Moller-Maersk in a research report on Wednesday, December 17th. Hsbc Global Res upgraded A.P. Moller-Maersk to a “strong-buy” rating in a report on Monday, September 29th. BNP Paribas downgraded A.P. Moller-Maersk to a “strong sell” rating in a report on Wednesday, September 17th. BNP Paribas Exane cut A.P. Moller-Maersk from a “neutral” rating to an “underperform” rating in a research note on Wednesday, September 17th. Finally, Citigroup restated a “neutral” rating on shares of A.P. Moller-Maersk in a research note on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce”.
Read Our Latest Stock Analysis on A.P. Moller-Maersk
A.P. Moller-Maersk Stock Up 2.8%
The stock has a fifty day moving average of $10.51 and a 200 day moving average of $10.25. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 2.05. The firm has a market capitalization of $37.41 billion, a P/E ratio of 7.53 and a beta of 0.88.
A.P. Moller-Maersk (OTCMKTS:AMKBY – Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The transportation company reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.20). The business had revenue of $14.21 billion during the quarter, compared to the consensus estimate of $13.44 billion. A.P. Moller-Maersk had a net margin of 8.83% and a return on equity of 8.51%. On average, research analysts anticipate that A.P. Moller-Maersk will post 0.41 EPS for the current fiscal year.
About A.P. Moller-Maersk
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.