Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Zim Integrated Shipping Services Ltd’s current trading price is -28.32% away from its 52-week high, while its distance from the 52-week low is 193.90%. The stock’s price range over this period has fluctuated between $6.39 and $26.20. The company, operating within the financial sector, had a trading volume of approximately 6.89 million for the day, which was noticeably higher than the average daily share volume of 5.76 million over the last 3 months.
Zim Integrated Shipping Services Ltd saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $26.20 on 09/30/24, while the lowest price for the same duration was marked at $6.39 on 11/28/23.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Zim Integrated Shipping Services Ltd (ZIM) has experienced a quarterly decline of -3.20% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.26B and boasts a workforce of 6460 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 19.76, with a change in price of -0.26. Similarly, Zim Integrated Shipping Services Ltd recorded 5,853,914 in trading volume during the last 100 days, posting a change of -1.37%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared 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
Today, Zim Integrated Shipping Services Ltd’s raw stochastic average for the past 50 days stands at 27.96%, indicating a rise from the raw stochastic average of the last 20 days, which was 27.96%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 37.86% and 53.64% respectively.
ZIM Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 90.27%.However, over the last six months, we can see a weaker performance of 71.35%. Over the last 30 days, the price of ZIM has fallen by 16.07%. And in the last five days, it has fallen by -26.81%.
