Zim Integrated Shipping Services Ltd (ZIM) concluded trading on Wednesday at a closing price of $13.77, with 5.42 million shares of worth about $74.65 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -37.40% during that period and on April 23, 2025 the price saw a gain of about 5.76%. Currently the company’s common shares owned by public are about 120.42M shares, out of which, 119.17M shares are available for trading.
Stock saw a price change of -0.51% in past 5 days and over the past one month there was a price change of -11.84%. Year-to-date (YTD), ZIM shares are showing a performance of -35.86% which increased to 40.76% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.47 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 6.55 million. The stock is currently trading -0.92% below its 20-day simple moving average (SMA20), while that difference is down -20.36% for SMA50 and it goes to -27.96% lower than SMA200.
Zim Integrated Shipping Services Ltd (NYSE: ZIM) currently have 120.42M outstanding shares and institutions hold larger chunk of about 52.73% of that.
The stock has a current market capitalization of $1.66B and its 3Y-monthly beta is at 1.76. PE ratio of stock for trailing 12 months is 0.77, while it has posted earnings per share of $17.83 in the same period. It has Quick Ratio of 1.17 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 4.48% while standing at 7.51% over the month.
Stock’s fiscal year EPS is expected to drop by -92.87% while it is estimated to decrease by -229.73% 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.
