Zim Integrated Shipping Services Ltd (NYSE: ZIM) on Monday, soared 1.95% from the previous trading day, before settling in for the closing price of $26.10. Within the past 52 weeks, ZIM’s price has moved between $6.39 and $27.48.
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Industrials Sector giant saw their annual sales surged by 29.90% over the last five years. The company achieved an average annual earnings per share of 153.64%. With a float of $99.23 million, this company’s outstanding shares have now reached $120.29 million.
The firm has a total of 6460 workers. Let’s measure their productivity. In terms of profitability, gross margin is -24.16%, operating margin of -28.93%, and the pretax margin is -33.53%.
Zim Integrated Shipping Services Ltd (ZIM) Insider Activity
Observing investor behavior towards Marine Shipping industry stocks is more important than anything else. The insider ownership of Zim Integrated Shipping Services Ltd is 17.55%, while institutional ownership is 46.80%. 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) Earnings and Forecasts
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
Zim Integrated Shipping Services Ltd (ZIM) is currently performing well based on its current performance indicators. A quick ratio of 0.97 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.55. Likewise, its price to free cash flow for the trailing twelve months is 3.24.
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)
Analysing the last 5-days average volume posted by the [Zim Integrated Shipping Services Ltd, ZIM], we can find that recorded value of 5.03 million was lower than the volume posted last year of 6.0 million. As of the previous 9 days, the stock’s Stochastic %D was 71.15%. Additionally, its Average True Range was 1.31.
During the past 100 days, Zim Integrated Shipping Services Ltd’s (ZIM) raw stochastic average was set at 92.49%, which indicates a significant increase from 85.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.54% in the past 14 days, which was lower than the 76.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.17, while its 200-day Moving Average is $17.45. Now, the first resistance to watch is $27.11. This is followed by the second major resistance level at $27.60. The third major resistance level sits at $28.01. If the price goes on to break the first support level at $26.21, it is likely to go to the next support level at $25.80. Should the price break the second support level, the third support level stands at $25.31.
Zim Integrated Shipping Services Ltd (NYSE: ZIM) Key Stats
Market capitalization of the company is 3.30 billion based on 120,389K outstanding shares. Right now, sales total 5,162 M and income totals -2,696 M. The company made 1,933 M in profit during its latest quarter, and 371,300 K in sales during its previous quarter.
