The trading price of Zim Integrated Shipping Services Ltd (NYSE:ZIM) floating lower at last check on Monday, August 5, closing at $18.82, -0.90% lower than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $23.82 and a 52-week low of $6.39. Over the past month, the stock has lost -14.88% in value.
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Zim Integrated Shipping Services Ltd, whose market valuation is $2.26 billion at the time of this writing. The dividend yield on the company stock is 1.22%, while its Forward Dividend ratio is 0.23. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest ZIM has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that ZIM’s price is currently 2.94% off the SMA20 and -4.61% off the SMA50. The RSI metric on the 14-day chart is currently showing 49.95, and weekly volatility stands at 5.42%. When measured over the past 30 days, the indicator reaches 5.31%. Zim Integrated Shipping Services Ltd (NYSE:ZIM)’s beta value is currently sitting at 1.76, while the Average True Range indicator is currently displaying 1.21.
To see how Zim Integrated Shipping Services Ltd stock has been performing today in comparison to its peers in the industry, here are the numbers: ZIM stock’s performance was -0.90% at last check in today’s session, and 22.45% in the past year.
An evaluation of the daily trading volume of Zim Integrated Shipping Services Ltd (NYSE:ZIM) indicates that the 3-month average is 5.87 million.
Currently, records show that 120.29 million of the company’s shares remain outstanding. The insiders hold 21.72% of outstanding shares, whereas institutions hold 29.70%. However, since the stock’s price has seen 90.68% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
