Zim Integrated Shipping Services Ltd (ZIM) concluded trading on Wednesday at a closing price of $15.35, with 5.01 million shares of worth about $76.93 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -30.01% during that period and on April 30, 2025 the price saw a gain of about 4.28%. 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 11.47% in past 5 days and over the past one month there was a price change of 5.21%. Year-to-date (YTD), ZIM shares are showing a performance of -28.50% which increased to 20.71% 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 6.44 million. The stock is currently trading 11.82% above its 20-day simple moving average (SMA20), while that difference is down -8.33% for SMA50 and it goes to -19.35% lower than SMA200.
Zim Integrated Shipping Services Ltd (NYSE: ZIM) currently have 120.42M outstanding shares and institutions hold larger chunk of about 52.54% of that.
The stock has a current market capitalization of $1.85B and its 3Y-monthly beta is at 1.75. PE ratio of stock for trailing 12 months is 0.86, 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 5.06% while standing at 7.70% 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.
