A.P. Moller-Maersk (OTCMKTS:AMKBY) Upgraded by Fearnley Fonds to “Hold” Rating

A.P. Moller-Maersk (OTCMKTS:AMKBY) was upgraded by Fearnley Fonds from a “strong sell” rating to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

A number of other analysts have also recently commented on AMKBY. Morgan Stanley reiterated an “underweight” rating on shares of A.P. Moller-Maersk in a research report on Friday, May 8th. Citigroup reiterated a “neutral” rating on shares of A.P. Moller-Maersk in a research report on Monday, May 18th. Finally, Barclays upgraded A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a research report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and seven have given a Sell rating to the stock. According to MarketBeat.com, A.P. Moller-Maersk currently has an average rating of “Reduce”.

A.P. Moller-Maersk Stock Up 1.6%

A.P. Moller-Maersk stock opened at $14.20 on Thursday. A.P. Moller-Maersk has a 1-year low of $8.95 and a 1-year high of $14.32. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.98 and a quick ratio of 1.85. The stock has a market cap of $44.95 billion, a PE ratio of 26.79 and a beta of 0.71. The stock’s fifty day moving average is $12.14 and its two-hundred day moving average is $12.00.

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.