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 -41.57% away from its 52-week high, while its distance from the 52-week low is 94.01%. The stock’s price range over this period has fluctuated between $8.73 and $29.00. The company, operating within the financial sector, had a trading volume of approximately 2.76 million for the day, which was noticeably lower than the average daily share volume of 6.52 million over the last 3 months.
Zim Integrated Shipping Services Ltd’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $29.00 on 11/20/24 and a low of $8.73 for the same time frame on 03/20/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Zim Integrated Shipping Services Ltd (ZIM) has experienced a quarterly decline of -22.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.04B 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 21.03, with a change in price of -0.36. Similarly, Zim Integrated Shipping Services Ltd recorded 6,183,316 in trading volume during the last 100 days, posting a change of -2.07%.
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 1.49. Similarly, the long-term debt-to-equity ratio is also 1.11.
ZIM Stock Stochastic Average
Today’s raw stochastic average for Zim Integrated Shipping Services Ltd over the last 50 days is 9.07%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 16.56%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 18.96% and 17.42%, 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 metric has seen a significant loss of -21.08% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 3.44%. Over the past 30 days, the price of ZIM has leaped by -21.19%. And in the last five days, it has surged by 4.34%.
