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Zim Integrated Shipping Services Ltd: Rising -54.13% from 52-Week Low, Can the Stock Stay Afloat?

In terms of market performance, Zim Integrated Shipping Services Ltd had a somewhat inconsistent run in. The highest value for the stock in the past year was $23.83 on 04/17/23, while the lowest value was $6.39 on 11/28/23.

52-week price history of ZIM Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Zim Integrated Shipping Services Ltd’s current trading price is -54.13% away from its 52-week high, while its distance from the 52-week low is 71.05%. The stock’s price range for this period has remained between $6.39 and $23.83. The Industrials sector company’s shares managed to surpass a trading volume of around 2.77 million for the day, which was noticeably lower compared to the shares’ average daily volume of 7.4 million over the last three months.

Financial Performance and Market Capitalization

Zim Integrated Shipping Services Ltd (ZIM) has experienced a quarterly decline of -2.32% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.32B and boasts a workforce of 6460 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 10.63, with a change in price of +3.43. Similarly, Zim Integrated Shipping Services Ltd recorded 6,773,967 in trading volume during the last 100 days, posting a change of +45.36%.

ZIM Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ZIM stands at 2.04. Similarly, the long-term debt-to-equity ratio is also 1.35.

ZIM Stock Stochastic Average

As of today, the raw stochastic average of Zim Integrated Shipping Services Ltd over the past 50 days is 28.93%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 69.67%. Additionally, the Stochastic %K and %D values for the company were 54.37% and 45.62%, respectively, over the past 20 days.

ZIM Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 10.74% this year. Over the last six months, there has been a weaker performance of 10.18%. The price of ZIM leaped by -0.18% during the last 30 days period. For the last 5-days stocks have improved 11.76%.