A.P. Møller - Mærsk A/S (MAERSK-B.CO)
| Previous close | 10,105.00 |
| Open | 10,105.00 |
| Bid | 9,774.00 x 0 |
| Ask | 9,782.00 x 0 |
| Day's range | 9,518.00 - 10,315.00 |
| 52-week range | 8,412.00 - 14,430.00 |
| Volume | |
| Avg. volume | 32,729 |
| Market cap | 152.214B |
| Beta (5Y monthly) | 1.18 |
| PE ratio (TTM) | 6.16 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 515.00 (5.10%) |
| Ex-dividend date | 15 Mar 2024 |
| 1y target est | N/A |
- Bloomberg
Maersk Sees Improved Prospects for Global Container Trade
(Bloomberg) -- A.P. Moller-Maersk A/S, a bellwether for global trade, said a strong start to the year has improved the outlook for container trade demand worldwide.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesGlobal c
- Reuters
Maersk raises profit guidance on strong demand and Red Sea disruption
COPENHAGEN (Reuters) -Shipping group Maersk raised its full-year profit guidance after reporting first-quarter earnings on Thursday, citing strong demand and longer sailing times to avoid conflict in the Red Sea. The company, viewed as a barometer of world trade, said that shipping disruptions caused by Houthi militants' attacks on vessels in the Red Sea were expected to last at least until the end of the year, adding that growth in demand for container shipping had been stronger than forecast. "The container volumes we see today are quite high compared to GDP growth in the world economy," said CEO Vincent Clerc.
- Reuters
Investors wait to see Red Sea in shippers' Q1 numbers
European shipping firms Maersk and Hapag-Lloyd are unlikely to get a big boost from soaring freight rates due to the Red Sea crisis in the first quarter, reinforcing worries about overcapacity in the long run. Spot freight rates tripled to almost $3,500 a container after vessels began avoiding the Red Sea due to attacks by Houthi militants, the Freightos Baltic Index showed. That compares to the pandemic peak of $13,559, at a time when shippers ordered new vessels in a move that later caused overcapacity, according to Stifel analyst Marc Zeck.
