A.P. Moller-Maersk (OTCMKTS:AMKBY) Stock Rating Lowered by Barclays

A.P. Moller-Maersk (OTCMKTS:AMKBY) was downgraded by analysts at Barclays from a “hold” rating to a “strong sell” rating in a research note issued on Tuesday, Zacks reports.

A number of other research firms have also commented on AMKBY. Zacks Research raised A.P. Moller-Maersk from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 7th. Citigroup restated a “neutral” rating on shares of A.P. Moller-Maersk in a research note on Tuesday, September 29th. Morgan Stanley reaffirmed an “underweight” rating on shares of A.P. Moller-Maersk in a report on Friday, September 4th. UBS Group downgraded A.P. Moller-Maersk from a “hold” rating to a “sell” rating in a report on Wednesday, October 21st. Finally, Wolfe Research raised A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 8th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, A.P. Moller-Maersk has an average rating of “Reduce”.

A.P. Moller-Maersk Price Performance

Shares of AMKBY opened at $14.68 on Tuesday. The company has a market capitalization of $46.47 billion, a P/E ratio of 10.05 and a beta of 0.71. The company has a quick ratio of 1.90, a current ratio of 2.03 and a debt-to-equity ratio of 0.09. The firm has a 50 day moving average of $17.40 and a 200 day moving average of $13.98. A.P. Moller-Maersk has a twelve month low of $9.32 and a twelve month high of $18.76.

A.P. Moller-Maersk (OTCMKTS:AMKBY) last announced its quarterly earnings data on Thursday, November 5th. The transportation company reported $1.05 earnings per share for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.18). The firm had revenue of $18.09 billion during the quarter, compared to analysts’ expectations of $18.25 billion. A.P. Moller-Maersk had a return on equity of 8.14% and a net margin of 7.04%. As a group, equities research analysts anticipate that A.P. Moller-Maersk will post 2.95 earnings per share for the current fiscal year.

A.P. Moller-Maersk Company Profile

A.P. Moller-Maersk is a Danish transport and logistics company headquartered in Copenhagen. Founded in 1904, it has grown from a shipping business into a global provider of services that help move goods through international supply chains. The company’s activities include container shipping, port operations through APM Terminals, and logistics services such as freight forwarding, warehousing and supply chain management. Its services connect customers with suppliers and markets around the world. Maersk serves businesses across a broad range of industries and operates in markets worldwide.