A.P. Moller-Maersk (OTCMKTS:AMKBY) Sees Large Growth in Short Interest

A.P. Moller-Maersk (OTCMKTS:AMKBY) was the target of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 67,647 shares, an increase of 105.3% from the January 29th total of 32,953 shares. Based on an average daily trading volume, of 161,316 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 161,316 shares, the short-interest ratio is presently 0.4 days.

A.P. Moller-Maersk Trading Up 2.6%

AMKBY opened at $12.36 on Friday. A.P. Moller-Maersk has a twelve month low of $6.69 and a twelve month high of $12.69. The company has a fifty day moving average of $11.93 and a 200-day moving average of $10.86. The stock has a market cap of $39.13 billion, a PE ratio of 14.05 and a beta of 0.87. The company has a quick ratio of 2.02, a current ratio of 2.12 and a debt-to-equity ratio of 0.08.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last issued its quarterly earnings results on Thursday, February 5th. The transportation company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.10). A.P. Moller-Maersk had a net margin of 5.05% and a return on equity of 4.87%. The firm had revenue of $13.33 billion for the quarter, compared to the consensus estimate of $12.83 billion. On average, sell-side analysts predict that A.P. Moller-Maersk will post 0.41 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Wolfe Research restated an “underperform” rating on shares of A.P. Moller-Maersk in a research report on Thursday, January 8th. 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. Nordea Equity Research downgraded A.P. Moller-Maersk from a “buy” rating to a “sell” rating in a report on Friday, January 30th. Citigroup reaffirmed a “neutral” rating on shares of A.P. Moller-Maersk in a report on Monday, February 9th. Finally, Clarkson Capital upgraded A.P. Moller-Maersk to a “strong sell” rating in a research report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and eight have given a Sell rating to the stock. Based on data from MarketBeat, A.P. Moller-Maersk presently has an average rating of “Reduce”.

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.