Recent developments with Zim Integrated Shipping Services Ltd (ZIM) have led to the company’s beta value being reach 1.74 cents.

On Monday, Zim Integrated Shipping Services Ltd (NYSE: ZIM) was 1.39% up from the session before settling in for the closing price of $10.10. A 52-week range for ZIM has been $6.39 – $21.89.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Annual sales at Industrials sector company grew by 29.90% over the past five years. When this article was written, the company’s average yearly earnings per share was at 95.66%. With a float of $94.18 million, this company’s outstanding shares have now reached $120.29 million.

Let’s look at the performance matrix of the company that is accounted for 6460 employees.

Zim Integrated Shipping Services Ltd (ZIM) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Zim Integrated Shipping Services Ltd stocks. The insider ownership of Zim Integrated Shipping Services Ltd is 21.72%, while institutional ownership is 22.39%.

Zim Integrated Shipping Services Ltd (ZIM) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 60.24 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 95.66% per share during the next fiscal year.

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

You can see what Zim Integrated Shipping Services Ltd (ZIM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.24. Likewise, its price to free cash flow for the trailing twelve months is 2.44.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -22.42, a number that is poised to hit 1.52 in the next quarter and is forecasted to reach -3.18 in one year’s time.

Technical Analysis of Zim Integrated Shipping Services Ltd (ZIM)

Zim Integrated Shipping Services Ltd (NYSE: ZIM) saw its 5-day average volume 2.81 million, a negative change from its year-to-date volume of 6.91 million. As of the previous 9 days, the stock’s Stochastic %D was 23.04%. Additionally, its Average True Range was 0.56.

During the past 100 days, Zim Integrated Shipping Services Ltd’s (ZIM) raw stochastic average was set at 41.67%, which indicates a significant increase from 35.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.52% in the past 14 days, which was lower than the 82.80% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.20, while its 200-day Moving Average is $11.07. Nevertheless, the first resistance level for the watch stands at $10.47 in the near term. At $10.70, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.92. If the price goes on to break the first support level at $10.02, it is likely to go to the next support level at $9.80. The third support level lies at $9.57 if the price breaches the second support level.

Zim Integrated Shipping Services Ltd (NYSE: ZIM) Key Stats

There are 120,321K outstanding shares of the company, which has a market capitalization of 1.23 billion. As of now, sales total 5,162 M while income totals -2,696 M. Its latest quarter income was 1,205 M while its last quarter net income were -148,400 K.