Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The metric has seen a significant loss of -10.81% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -11.60%. Over the past 30 days, the price of ZIM has fallen by 0.66%. And in the last five days, it has surged by 0.73%.
The current stock price for Zim Integrated Shipping Services Ltd (ZIM) is $15.97. The stock experienced a significant increase during the last trading session, reaching $19.0 after opening at $15.98. It dipped to a low of $9.5 before ultimately closing at $15.79.
The stock market performance of Zim Integrated Shipping Services Ltd has been fairly unsteady.
52-week price history of ZIM Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Zim Integrated Shipping Services Ltd’s current trading price is -44.95% away from its 52-week high, while its distance from the 52-week low is 44.68%. The stock’s price range over this timeframe has been between $11.03 and $29.00. The shares of the Industrials sector company recorded a trading volume of approximately 1.77 million for the day, which was comparatively lower than the average daily volume of 5.94 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Zim Integrated Shipping Services Ltd (ZIM) has experienced a quarterly rise of 17.39% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.92B and boasts a workforce of 6700 employees.
Expert Opinions: Analysts’ Ratings for Zim Integrated Shipping Services Ltd
As of right now, 0 analyst is rating Zim Integrated Shipping Services Ltd as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 3 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 15.91, with a change in price of -2.28. Similarly, Zim Integrated Shipping Services Ltd recorded 6,190,398 in trading volume during the last 100 days, posting a change of -12.50%.
ZIM’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder 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 Stochastic Average
The raw stochastic average for Zim Integrated Shipping Services Ltd over the last 50 days is presently at 21.16%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 48.34%. Further, the company’s Stochastic %K and %D values for the last 20 days were 43.49% and 36.17%, respectively.
