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. This year’s metric has recorded a Price decrease of -3.03%. However, over the past six months, we’ve seen a stronger performance of -2.72%. The price of ZIM fallen by 28.20% over the last 30 days. And in the last five days, it has surged by 5.10%.
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 $8.73 on 03/20/24.
52-week price history of ZIM Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Zim Integrated Shipping Services Ltd’s current trading price is -28.21% away from its 52-week high, while its distance from the 52-week low is 138.38%. The stock’s price range during this period has varied between$8.73 and $29.00. The Zim Integrated Shipping Services Ltd’s shares, which operate in the Industrials, saw a trading volume of around 4.34 million for the day, a figure considerably lower than their average daily volume of 6.51 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Zim Integrated Shipping Services Ltd (ZIM) has experienced a quarterly decline of -17.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.51B and boasts a workforce of 6460 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 21.01, with a change in price of -2.71. Similarly, Zim Integrated Shipping Services Ltd recorded 6,137,082 in trading volume during the last 100 days, posting a change of -11.52%.
ZIM’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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
As of today, Zim Integrated Shipping Services Ltd’s raw stochastic average for the last 50 days stands at 64.73%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 86.67%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 79.41% and 76.67%, respectively.
