A new trading day began on Monday, with Zim Integrated Shipping Services Ltd (NYSE: ZIM) stock price down -1.07% from the previous day of trading, before settling in for the closing price of $24.30. ZIM’s price has ranged from $6.39 to $26.20 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 29.90% over the past five years. Meanwhile, its annual earnings per share averaged 153.64%. With a float of $99.23 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. 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Marine Shipping Industry. The insider ownership of Zim Integrated Shipping Services Ltd is 17.55%, while institutional ownership is 41.35%. 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) Performance Highlights and Predictions
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
Here are Zim Integrated Shipping Services Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.49. Likewise, its price to free cash flow for the trailing twelve months is 2.90.
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)
Zim Integrated Shipping Services Ltd (NYSE: ZIM) saw its 5-day average volume 4.61 million, a negative change from its year-to-date volume of 6.05 million. As of the previous 9 days, the stock’s Stochastic %D was 69.41%. Additionally, its Average True Range was 1.27.
During the past 100 days, Zim Integrated Shipping Services Ltd’s (ZIM) raw stochastic average was set at 79.03%, which indicates a significant increase from 73.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.20% in the past 14 days, which was lower than the 75.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.77, while its 200-day Moving Average is $16.89. Nevertheless, the first resistance level for the watch stands at $24.65 in the near term. At $25.26, the stock is likely to face the second major resistance level. The third major resistance level sits at $25.57. If the price goes on to break the first support level at $23.73, it is likely to go to the next support level at $23.42. Assuming the price breaks the second support level, the third support level stands at $22.81.
Zim Integrated Shipping Services Ltd (NYSE: ZIM) Key Stats
With a market capitalization of 2.96 billion, the company has a total of 120,321K Shares Outstanding. Currently, annual sales are 5,162 M while annual income is -2,696 M. The company’s previous quarter sales were 1,933 M while its latest quarter income was 371,300 K.
