Zim Integrated Shipping Services Ltd (ZIM) concluded trading on Thursday at a closing price of $18.11, with 5.9 million shares of worth about $106.78 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 0.57% during that period and on February 06, 2025 the price saw a gain of about 0.28%. Currently the company’s common shares owned by public are about 120.39M shares, out of which, 119.07M shares are available for trading.
Stock saw a price change of 0.17% in past 5 days and over the past one month there was a price change of -15.57%. Year-to-date (YTD), ZIM shares are showing a performance of -15.65% which increased to 42.85% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.73 but also hit the highest price of $29.00 during that period. The average intraday trading volume for Zim Integrated Shipping Services Ltd shares is 6.47 million. The stock is currently trading 2.63% above its 20-day simple moving average (SMA20), while that difference is down -6.67% for SMA50 and it goes to -5.60% lower than SMA200.
Zim Integrated Shipping Services Ltd (NYSE: ZIM) currently have 120.39M outstanding shares and institutions hold larger chunk of about 47.31% of that.
The stock has a current market capitalization of $2.18B and its 3Y-monthly beta is at 1.65. PE ratio of stock for trailing 12 months is 1.52, while it has posted earnings per share of $11.93 in the same period. It has Quick Ratio of 1.26 while making debt-to-equity ratio of 1.49. 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 5.01% while standing at 5.03% over the month.
Stock’s fiscal year EPS is expected to rise by 168.18% while it is estimated to decrease by -83.81% 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 October 02, 2024 offering a Hold rating for the stock and assigned a target price of $25 to it. Coverage by JP Morgan stated Zim Integrated Shipping Services Ltd (ZIM) stock as an Underweight in their note to investors on September 10, 2024, suggesting a price target of $10.50 for the stock. On June 06, 2024, Citigroup Downgrade their recommendations, while on January 29, 2024, Jefferies Upgrade their ratings for the stock with a price target of $20. Stock get a Neutral rating from JP Morgan on November 17, 2023.
