Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded an increase of 1.96%. However, over the last six months, the performance has been weaker by 7.19%. The price of ZIM increased 29.76% over the last 30 days. And in the last five days, it has surged by 10.28%.
Zim Integrated Shipping Services Ltd experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $29.00 on 11/20/24, while the lowest price for the same period was registered at $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 -24.52% away from its 52-week high, while its distance from the 52-week low is 150.63%. 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 1.74 million for the day, a figure considerably lower than their average daily volume of 5.89 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 -15.74% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.63B 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 20.92, with a change in price of -3.77. Similarly, Zim Integrated Shipping Services Ltd recorded 6,055,359 in trading volume during the last 100 days, posting a change of -14.69%.
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 78.26%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 91.93%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 91.85% and 89.07%, respectively.
