Zim Integrated Shipping Services Ltd (ZIM) concluded trading on Wednesday at a closing price of $12.05, with 3.95 million shares of worth about $47.55 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -10.34% during that period and on Wednesday the price saw a gain of about 2.12%. Currently the company’s common shares owned by public are about 120.15M shares, out of which, 95.33M shares are available for trading.
However, the stock later moved at a day high price of 12.15, or with a gain of 2.12%. Stock saw a price change of -9.06% in past 5 days and over the past one month there was a price change of -9.47%. Year-to-date (YTD), ZIM shares are showing a performance of 22.09% which decreased to -42.54% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.39 but also hit the highest price of $25.12 during that period. The average intraday trading volume for Zim Integrated Shipping Services Ltd shares is 8.25 million. The stock is currently trading -9.51% below its 20-day simple moving average (SMA20), while that difference is up 4.88% for SMA50 and it goes to 1.50% higher than SMA200.
Zim Integrated Shipping Services Ltd (NYSE: ZIM) currently have 120.15M outstanding shares and institutions hold larger chunk of about 18.06% of that.
The stock has a current market capitalization of $1.45B and its 3Y-monthly beta is at 1.91. It has posted earnings per share of -$17.75 in the same period. It has Quick Ratio of 0.98 while making debt-to-equity ratio of 1.85. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ZIM, volatility over the week remained 5.48% while standing at 7.57% over the month.
Analysts are in expectations that Zim Integrated Shipping Services Ltd (ZIM) stock would likely to be making an EPS of $ZIM Integrated Shipping Service in the current quarter, while forecast for next quarter EPS is $12.05 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Zoom Video Communications, Inc. which is $Zomedica Corp. at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $Chimera Investment Corporation in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -159.76% while it is estimated to increase by 88.15% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on January 29, 2024 offering a Buy rating for the stock and assigned a target price range of between $14 and $20 to it.
