Zim Integrated Shipping Services Ltd (NYSE: ZIM) – Not A Clear Buying Opportunity?

Zim Integrated Shipping Services Ltd (ZIM) concluded trading on Wednesday at a closing price of $17.06, with 5.1 million shares of worth about $86.99 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -26.80% during that period and on Wednesday the price saw a loss of about -2.68%. Currently the company’s common shares owned by public are about 120.46M shares, out of which, 119.17M shares are available for trading.

Stock saw a price change of -9.50% in past 5 days and over the past one month there was a price change of 17.90%. Year-to-date (YTD), ZIM shares are showing a performance of -20.54% which decreased to -8.62% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $11.03 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 7.21 million. The stock is currently trading 2.88% above its 20-day simple moving average (SMA20), while that difference is up 10.57% for SMA50 and it goes to -9.94% lower than SMA200.

Zim Integrated Shipping Services Ltd (NYSE: ZIM) currently have 120.46M outstanding shares and institutions hold larger chunk of about 48.41% of that.

The stock has a current market capitalization of $2.06B and its 3Y-monthly beta is at 1.75. PE ratio of stock for trailing 12 months is 0.87, while it has posted earnings per share of $19.53 in the same period. It has Quick Ratio of 1.10 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 1.83% while standing at 5.05% over the month. Stock’s fiscal year EPS is expected to drop by -86.23% while it is estimated to decrease by -177.87% 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 Clarksons Platou on May 20, 2025 offering a Neutral rating for the stock and assigned a target price of $20 to it. Coverage by Jefferies stated Zim Integrated Shipping Services Ltd (ZIM) stock as a Hold in their note to investors on October 02, 2024, suggesting a price target of $25 for the stock. On September 10, 2024, JP Morgan Resumed their recommendations, while on June 06, 2024, Citigroup Downgrade their ratings for the stock with a price target of $13. Stock get a Buy rating from Jefferies on January 29, 2024.

Related Posts

Life Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.