On Monday, Zim Integrated Shipping Services Ltd (NYSE: ZIM) was 8.00% up from the session before settling in for the closing price of $22.87. A 52-week range for ZIM has been $6.39 – $26.20.
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
A company in the Industrials sector has jumped its sales by 29.90% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 149.82%. With a float of $99.23 million, this company’s outstanding shares have now reached $120.29 million.
In an organization with 6460 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -24.16%, operating margin of -28.93%, and the pretax margin is -33.5%.
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 17.55%, while institutional ownership is 41.32%. The most recent insider transaction that took place on Sep 27 ’24, was worth 235,200. Before that another transaction happened on Aug 21 ’24, when Company’s Officer proposed sale 10,000 for $22.54, making the entire transaction worth $225,400.
Zim Integrated Shipping Services Ltd (ZIM) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -1.74 earnings per share (EPS) during the time that was less than consensus figure (set at -1.3) by -0.44. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 149.82% 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 0.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.50. Likewise, its price to free cash flow for the trailing twelve months is 2.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -16.31, a number that is poised to hit 5.82 in the next quarter and is forecasted to reach -0.08 in one year’s time.
Technical Analysis of Zim Integrated Shipping Services Ltd (ZIM)
Let’s dig in a bit further. During the last 5-days, its volume was 5.95 million. That was inferior than the volume of 6.14 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 89.74%. Additionally, its Average True Range was 1.34.
During the past 100 days, Zim Integrated Shipping Services Ltd’s (ZIM) raw stochastic average was set at 85.44%, which indicates a significant decrease from 95.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 96.13% in the past 14 days, which was higher than the 86.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.21, while its 200-day Moving Average is $16.41. However, in the short run, Zim Integrated Shipping Services Ltd’s stock first resistance to watch stands at $25.34. Second resistance stands at $25.99. The third major resistance level sits at $26.93. If the price goes on to break the first support level at $23.75, it is likely to go to the next support level at $22.81. The third support level lies at $22.16 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 2.97 billion. As of now, sales total 5,162 M while income totals -2,696 M. Its latest quarter income was 1,933 M while its last quarter net income were 371,300 K.
