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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.

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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%.

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