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Zim Integrated Shipping Services Ltd’s Banking’s 100-Day Moving Average at 20.96: Will the Stock Break Through?

The market performance of Zim Integrated Shipping Services Ltd’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $29.00 on 11/20/24, while the lowest value for the same duration was $6.70 on 12/13/23.

52-week price history of ZIM Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Zim Integrated Shipping Services Ltd’s current trading price is -28.97% away from its 52-week high, while its distance from the 52-week low is 207.48%. The stock’s price range during this period has spanned from $6.70 to $29.00. In the Industrials sector, the Zim Integrated Shipping Services Ltd’s shares surpassed a trading volume of approximately 8.25 million for the day, which was noticeably higher compared to the average daily volume of 9.6.81 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Zim Integrated Shipping Services Ltd (ZIM) has experienced a quarterly rise of 30.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.52B and boasts a workforce of 6460 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 20.96, with a change in price of +3.09. Similarly, Zim Integrated Shipping Services Ltd recorded 6,076,874 in trading volume during the last 100 days, posting a change of +17.65%.

Examining ZIM’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ZIM stands at 1.49. Similarly, the long-term debt-to-equity ratio is also 1.11.

ZIM Stock Stochastic Average

Today, Zim Integrated Shipping Services Ltd’s raw stochastic average for the past 50 days stands at 20.08%, indicating a rise from the raw stochastic average of the last 20 days, which was 14.12%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 15.26% and 11.75% respectively.

ZIM Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 116.98% this year. Over the last six months, there has been a weaker performance of 4.27%. The price of ZIM leaped by -15.38% during the last 30 days period. For the last 5-days stocks have improved 3.99%.

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