Zim Integrated Shipping Services Ltd Inc. (ZIM) Price Performance: A Technical Analysis Perspective

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 104.76%. However, over the last six months, the performance has been weaker by 180.31%. The price of ZIM increased 24.45% over the last 30 days. And in the last five days, it has fallen by -5.78%.

Zim Integrated Shipping Services Ltd’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $23.82 on 06/05/24, and the lowest price during that time was $6.39, recorded on 11/28/23.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

52-week price history of ZIM Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Zim Integrated Shipping Services Ltd’s current trading price is -15.15% away from its 52-week high, while its distance from the 52-week low is 216.28%. The stock’s price range for this period has been between $6.39 and $23.82. The Industrials sector company’s shares saw a trading volume of about 2.61 million for the day, which was lower than the average daily volume of 5.61 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Zim Integrated Shipping Services Ltd (ZIM) has experienced a quarterly rise of 77.13% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.43B and boasts a workforce of 6460 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 13.57, with a change in price of +6.34. Similarly, Zim Integrated Shipping Services Ltd recorded 5,914,568 in trading volume during the last 100 days, posting a change of +45.61%.

ZIM’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for ZIM stands at 2.11. Similarly, the long-term debt-to-equity ratio is also 1.49.

ZIM Stock Stochastic Average

As of today, the raw stochastic average of Zim Integrated Shipping Services Ltd over the past 50 days is 74.45%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 46.42%. Additionally, the Stochastic %K and %D values for the company were 45.11% and 61.17%, respectively, over the past 20 days.

Most Popular