Zim Integrated Shipping Services Ltd (ZIM) 14-day ATR is 0.56: This Stock is Set to Soar Above its Peers

As on Thursday, Zim Integrated Shipping Services Ltd (NYSE: ZIM) got off with the flyer as it spiked 2.59% to $10.69, before settling in for the price of $10.42 at the close. Taking a more long-term approach, ZIM posted a 52-week range of $6.39-$21.89.

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It was noted that the giant of the Industrials sector posted annual sales growth of 29.90% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 95.66%. This publicly-traded company’s shares outstanding now amounts to $120.29 million, simultaneously with a float of $94.18 million. The organization now has a market capitalization sitting at $1.29 billion. At the time of writing, stock’s 50-day Moving Average stood at $11.36, while the 200-day Moving Average is $11.09.

Zim Integrated Shipping Services Ltd (ZIM) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Marine Shipping industry. Zim Integrated Shipping Services Ltd’s current insider ownership accounts for 21.72%, in contrast to 22.40% institutional ownership.

Zim Integrated Shipping Services Ltd (ZIM) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 12/30/2023, the company posted -$1.23 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$1.29) by $0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.

Zim Integrated Shipping Services Ltd’s EPS increase for this current 12-month fiscal period is 95.66% and is forecasted to reach -3.18 in the upcoming year.

Zim Integrated Shipping Services Ltd (NYSE: ZIM) Trading Performance Indicators

Let’s observe the current performance indicators for Zim Integrated Shipping Services Ltd (ZIM). It’s Quick Ratio in the last reported quarter now stands at 0.95. The Stock has managed to achieve an average true range (ATR) of 0.56. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.25. Similarly, its price to free cash flow for trailing twelve months is now 2.55.

In the same vein, ZIM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -22.42, a figure that is expected to reach 1.52 in the next quarter, and analysts are predicting that it will be -3.18 at the market close of one year from today.

Technical Analysis of Zim Integrated Shipping Services Ltd (ZIM)

Through scrutinizing the latest numbers posted by the [Zim Integrated Shipping Services Ltd, ZIM], it can be observed that its last 5-days Average volume of 2.58 million was lower the volume of 7.02 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 38.39% While, its Average True Range was 0.52.

Raw Stochastic average of Zim Integrated Shipping Services Ltd (ZIM) in the period of the previous 100 days is set at 46.54%, which indicates a major fall in contrast to 60.43% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 58.72% that was lower than 82.70% volatility it exhibited in the past 100-days period.