Zim Integrated Shipping Services Ltd (ZIM): A Great Stock For Handling Current Market Conditions?

Currently, there are 120.29M common shares owned by the public and among those 94.19M shares have been available to trade.

The company’s stock has a 5-day price change of -22.89% and 59.49% over the past three months. ZIM shares are trading 72.75% year to date (YTD), with the 12-month market performance up to 33.41% higher. It has a 12-month low price of $6.39 and touched a high of $23.82 over the same period. ZIM has an average intraday trading volume of 5.76 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -16.03%, -10.88%, and 35.96% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Zim Integrated Shipping Services Ltd (NYSE: ZIM) shares accounts for 30.00% of the company’s 120.29M shares outstanding.

It has a market capitalization of $2.05B and a beta (3y monthly) value of 1.73. The earnings-per-share (ttm) stands at -$21.18. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.41% over the week and 5.17% over the month.

Earnings per share for the fiscal year are expected to increase by 122.34%, and -137.44% over the next financial year.

Looking at the support for the ZIM, a number of firms have released research notes about the stock. Citigroup stated their Sell rating for the stock in a research note on June 06, 2024, with the firm’s price target at $13. Jefferies coverage for the Zim Integrated Shipping Services Ltd (ZIM) stock in a research note released on January 29, 2024 offered a Buy rating with a price target of $20. JP Morgan was of a view on November 17, 2023 that the stock is Neutral, while JP Morgan gave the stock Overweight rating on September 18, 2023, issuing a price target of $15.40. JP Morgan on their part issued Neutral rating on April 21, 2023.

Most Popular

Related Posts