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 -46.63% away from its 52-week high, while its distance from the 52-week low is 69.94%. The stock’s price range over this period has fluctuated between $9.11 and $29.00. The company, operating within the financial sector, had a trading volume of approximately 6.52 million for the day, which was noticeably higher than the average daily share volume of 5.95 million over the last 3 months.
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 $9.11 on 03/25/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Zim Integrated Shipping Services Ltd (ZIM) has experienced a quarterly decline of -14.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.86B and boasts a workforce of 6700 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 20.50, with a change in price of -7.31. Similarly, Zim Integrated Shipping Services Ltd recorded 6,314,523 in trading volume during the last 100 days, posting a change of -32.06%.
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 1.15.
ZIM Stock Stochastic Average
Today’s raw stochastic average for Zim Integrated Shipping Services Ltd over the last 50 days is 7.56%.This indicates a increase from the raw stochastic average of the past 20 days, which was 7.56%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 9.84% and 16.43%, respectively.
ZIM Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -27.91%.However, over the last six months, we can see a stronger performance of -21.16%. Over the last 30 days, the price of ZIM has leaped by -25.98%. And in the last five days, it has fallen by -16.02%.
