Zim Integrated Shipping Services Ltd (NYSE: ZIM) on Tuesday, soared 1.75% from the previous trading day, before settling in for the closing price of $15.43. Within the past 52 weeks, ZIM’s price has moved between $11.03 and $29.00.
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The company achieved an average annual earnings per share of -78.73%. With a float of $119.04 million, this company’s outstanding shares have now reached $120.46 million.
The extent of productivity of a business whose workforce counts for 6700 workers is very important to gauge. In terms of profitability, gross margin is 34.84%, operating margin of 31.65%, and the pretax margin is 28.06%.
Zim Integrated Shipping Services Ltd (ZIM) Insider Updates
Observing investor behavior towards Marine Shipping industry stocks is more important than anything else. The insider ownership of Zim Integrated Shipping Services Ltd is 1.18%, while institutional ownership is 48.40%. The most recent insider transaction that took place on Dec 12 ’24, was worth 514,650. Before that another transaction happened on Dec 11 ’24, when Company’s Officer proposed sale 3,055 for $20.34, making the entire transaction worth $62,139.
Zim Integrated Shipping Services Ltd (ZIM) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -78.73% 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 1.10 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 0.21. Likewise, its price to free cash flow for the trailing twelve months is 0.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 19.53, a number that is poised to hit 1.13 in the next quarter and is forecasted to reach -0.90 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 3.73 million was inferior to 6.35 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 24.10%.
During the past 100 days, Zim Integrated Shipping Services Ltd’s (ZIM) raw stochastic average was set at 43.13%, which indicates a significant increase from 25.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.49 in the past 14 days, which was lower than the 0.84 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.74, while its 200-day Moving Average is $18.62. Now, the first resistance to watch is $15.91. This is followed by the second major resistance level at $16.13. The third major resistance level sits at $16.40. If the price goes on to break the first support level at $15.43, it is likely to go to the next support level at $15.16. Assuming the price breaks the second support level, the third support level stands at $14.94.
Zim Integrated Shipping Services Ltd (NYSE: ZIM) Key Stats
Market capitalization of the company is 1.89 billion based on 120,389K outstanding shares. Right now, sales total 8,427 M and income totals 2,148 M. The company made 2,007 M in profit during its latest quarter, and 295,300 K in sales during its previous quarter.
