Zim Integrated Shipping Services Ltd (ZIM) concluded trading on Thursday at a closing price of $19.77, with 10.0 million shares of worth about $197.7 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 18.33% during that period and on March 06, 2025 the price saw a gain of about 4.49%. 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 -2.90% in past 5 days and over the past one month there was a price change of 12.52%. Year-to-date (YTD), ZIM shares are showing a performance of -7.92% which increased to 87.70% 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 5.26 million. The stock is currently trading -1.69% below its 20-day simple moving average (SMA20), while that difference is up 1.64% for SMA50 and it goes to -0.06% lower than SMA200.
Zim Integrated Shipping Services Ltd (NYSE: ZIM) currently have 120.39M outstanding shares and institutions hold larger chunk of about 52.64% of that.
The stock has a current market capitalization of $2.38B and its 3Y-monthly beta is at 1.64. PE ratio of stock for trailing 12 months is 1.66, while it has posted earnings per share of $11.93 in the same period. Its PEG reads 0.02 and 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 5.80% while standing at 5.59% over the month.
Stock’s fiscal year EPS is expected to rise by 168.71% while it is estimated to decrease by -80.21% 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.
