DNB Markets lowered shares of A P MOLLER-MAER/ADR (OTCMKTS:AMKBY) from a hold rating to a sell rating in a research note issued to investors on Monday, The Fly reports.
Other equities research analysts have also recently issued research reports about the stock. Zacks Investment Research raised shares of A P MOLLER-MAER/ADR from a sell rating to a buy rating and set a $7.50 target price for the company in a research report on Monday, November 11th. Goldman Sachs Group cut shares of A P MOLLER-MAER/ADR from a buy rating to a neutral rating in a research report on Wednesday, October 16th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. A P MOLLER-MAER/ADR currently has a consensus rating of Hold and an average target price of $7.50.
OTCMKTS:AMKBY traded up $0.13 during midday trading on Monday, reaching $7.10. 1,816,379 shares of the stock traded hands, compared to its average volume of 87,855. A P MOLLER-MAER/ADR has a 12-month low of $5.07 and a 12-month high of $7.57. The business has a 50-day moving average of $6.12 and a two-hundred day moving average of $5.77. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.03 and a current ratio of 1.13. The stock has a market capitalization of $29.02 billion, a PE ratio of 142.00 and a beta of 1.03.
A.P. Møller – Mærsk A/S operates as an integrated transport and logistics company worldwide. The company's Ocean segment engages in container shipping activities, including demurrage and detention, terminal handling, documentation services, container services, and container storage, as well as transhipment services under Maersk Line, Safmarine, Sealand – A Maersk Company, Hamburg Süd, and APM Terminal brands.
Further Reading: Convertible Shares
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