Zim Integrated Shipping Services Ltd ‘s stock market performance has been somewhat erratic.
52-week price history of ZIM Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Zim Integrated Shipping Services Ltd’s current trading price is -41.48% away from its 52-week high, while its distance from the 52-week low is 53.78%. The stock’s price range during this period has spanned from $11.03 to $29.00. In the Industrials sector, the Zim Integrated Shipping Services Ltd’s shares surpassed a trading volume of approximately 2.29 million for the day, which was noticeably lower compared to the average daily volume of 9.7.13 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 -16.45% 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 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 split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -20.96%.However, over the last six months, we can see a stronger performance of -17.70%. Over the last 30 days, the price of ZIM has fallen by 18.92%. And in the last five days, it has surged by 1.25%.
