The market performance of Zim Integrated Shipping Services Ltd’s stock has been turbulent in recent times.
52-week price history of ZIM Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Zim Integrated Shipping Services Ltd’s current trading price is -42.38% away from its 52-week high, while its distance from the 52-week low is 51.43%. The stock’s price range during the 52-week period has remained between $11.03 and $29.00. In the Industrials sector, the company’s shares saw a trading volume of around 2.3 million for the day, which was evidently lower than the average daily volume of 7.17 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 decline of -13.42% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.01B and boasts a workforce of 6700 employees.
Making Sense of Trading Volume and Moving Average Data
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 1.16.
ZIM Stock Price Performance Analysis
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. This year’s metric has recorded a Price decrease of -22.17%. However, over the past six months, we’ve seen a stronger performance of -21.39%. The price of ZIM fallen by 8.44% over the last 30 days. And in the last five days, it has fallen by -4.68%.
