On Monday, Zim Integrated Shipping Services Ltd (NYSE: ZIM) opened lower -0.26% from the last session, before settling in for the closing price of $22.80. Price fluctuations for ZIM have ranged from $6.39 to $26.20 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 29.90%. Company’s average yearly earnings per share was noted 153.64% at the time writing. With a float of $99.23 million, this company’s outstanding shares have now reached $120.29 million.
The extent of productivity of a business whose workforce counts for 6460 workers is very important to gauge. 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
A key investor’s attitude towards the stock of the Marine Shipping industry is another important factor to consider. The insider ownership of Zim Integrated Shipping Services Ltd is 17.55%, while institutional ownership is 41.34%. 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
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -1.74 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -1.3) by -0.44. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 153.64% per share during the next fiscal year.
Zim Integrated Shipping Services Ltd (NYSE: ZIM) Trading Performance Indicators
Check out the current performance indicators for Zim Integrated Shipping Services Ltd (ZIM). In the past 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 0.46. Likewise, its price to free cash flow for the trailing twelve months is 2.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -16.31, a number that is poised to hit 6.95 in the next quarter and is forecasted to reach 0.27 in one year’s time.
Technical Analysis of Zim Integrated Shipping Services Ltd (ZIM)
The latest stats from [Zim Integrated Shipping Services Ltd, ZIM] show that its last 5-days average volume of 3.67 million was inferior to 6.08 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 49.95%. Additionally, its Average True Range was 1.30.
During the past 100 days, Zim Integrated Shipping Services Ltd’s (ZIM) raw stochastic average was set at 66.41%, which indicates a significant increase from 64.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.70% in the past 14 days, which was lower than the 85.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.61, while its 200-day Moving Average is $16.65. Now, the first resistance to watch is $23.25. This is followed by the second major resistance level at $23.75. The third major resistance level sits at $24.39. If the price goes on to break the first support level at $22.11, it is likely to go to the next support level at $21.47. The third support level lies at $20.97 if the price breaches the second support level.
Zim Integrated Shipping Services Ltd (NYSE: ZIM) Key Stats
There are currently 120,321K shares outstanding in the company with a market cap of 2.74 billion. Presently, the company’s annual sales total 5,162 M according to its annual income of -2,696 M. Last quarter, the company’s sales amounted to 1,933 M and its income totaled 371,300 K.
