Short Interest in A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Decreases By 52.5%

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 57,500 shares, a decrease of 52.5% from the June 30th total of 121,100 shares. Based on an average daily trading volume, of 626,700 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, Wolfe Research began coverage on shares of A.P. Møller – Mærsk A/S in a research note on Monday, July 15th. They set a “peer perform” rating on the stock. Four research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold”.

A.P. Møller – Mærsk A/S Price Performance

AMKBY stock traded down $0.14 on Friday, hitting $7.58. 117,968 shares of the company were exchanged, compared to its average volume of 233,892. A.P. Møller – Mærsk A/S has a twelve month low of $6.26 and a twelve month high of $10.53. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.30 and a current ratio of 2.43. The business’s fifty day moving average is $8.48 and its two-hundred day moving average is $7.96.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last issued its quarterly earnings results on Thursday, May 2nd. The transportation company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.04 by $0.03. A.P. Møller – Mærsk A/S had a net margin of 3.48% and a return on equity of 0.66%. The firm had revenue of $12.36 billion during the quarter. Analysts anticipate that A.P. Møller – Mærsk A/S will post 0.99 earnings per share for the current fiscal year.

A.P. Møller – Mærsk A/S Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 5th. Investors of record on Thursday, May 30th were given a dividend of $0.2839 per share. This is a positive change from A.P. Møller – Mærsk A/S’s previous dividend of $0.24. The ex-dividend date was Wednesday, May 29th. This represents a yield of 3.31%. A.P. Møller – Mærsk A/S’s dividend payout ratio is 47.06%.

About A.P. Møller – Mærsk A/S

A.P. Møller – Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs.