Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Zim Integrated Shipping Services Ltd’s current trading price is -30.24% away from its 52-week high, while its distance from the 52-week low is 186.04%. The stock’s price range during this period has varied between $6.39 and $26.20. The company, active in the Industrials sector, saw a trading volume of around 11.09 million for the day, considerably higher average daily volume of 5.51 million observed over the last three months.
Zim Integrated Shipping Services Ltd’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $26.20 on 09/30/24, with the lowest value being $6.39 on 11/28/23.
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How Financial Performance Impacts Market Capitalization
Zim Integrated Shipping Services Ltd (ZIM) has experienced a quarterly decline of -2.57% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.20B and boasts a workforce of 6460 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 19.76, with a change in price of -0.30. Similarly, Zim Integrated Shipping Services Ltd recorded 5,737,403 in trading volume during the last 100 days, posting a change of -1.56%.
How ZIM’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ZIM stands at 1.94. Similarly, the long-term debt-to-equity ratio is also 1.41.
ZIM Stock Stochastic Average
As of today, the raw stochastic average of Zim Integrated Shipping Services Ltd over the past 50 days is 25.97%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 25.97%. Additionally, the Stochastic %K and %D values for the company were 51.63% and 68.33%, respectively, over the past 20 days.
ZIM Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant gain of 85.19% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 63.78%. Over the past 30 days, the price of ZIM has fallen by 9.58%. And in the last five days, it has fallen by -24.60%.
