A.P. Moller-Maersk (AMKBY) Expected to Release Earnings on Thursday

A.P. Moller-Maersk (OTCMKTS:AMKBY) will likely be posting its results before the market opens on Thursday, August 6th. Analysts expect the company to announce earnings of $0.1433 per share and revenue of $14.0715 billion for the quarter.

A.P. Moller-Maersk Stock Up 0.6%

Shares of OTCMKTS:AMKBY opened at $13.02 on Thursday. A.P. Moller-Maersk has a 52 week low of $9.23 and a 52 week high of $14.32. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.85 and a current ratio of 1.98. The company’s fifty day moving average is $12.58 and its 200-day moving average is $12.36. The company has a market capitalization of $41.23 billion, a PE ratio of 24.57 and a beta of 0.71.

Analyst Upgrades and Downgrades

AMKBY has been the subject of several analyst reports. Citigroup reissued a “neutral” rating on shares of A.P. Moller-Maersk in a report on Thursday, June 25th. The Goldman Sachs Group raised shares of A.P. Moller-Maersk from a “sell” rating to a “hold” rating in a research note on Friday, July 3rd. Fearnley Fonds raised shares of A.P. Moller-Maersk from a “strong sell” rating to a “hold” rating in a report on Thursday, June 11th. Finally, Morgan Stanley reissued an “underweight” rating on shares of A.P. Moller-Maersk in a report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat, A.P. Moller-Maersk has an average rating of “Reduce”.

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.