Zim Integrated Shipping Services Ltd (NYSE:ZIM) shares, rose in value on Wednesday, March 26, with the stock price up by 1.78% to the previous day’s close as strong demand from buyers drove the stock to $15.47.
Actively observing the price movement in the last trading, the stock closed the session at $15.20, falling within a range of $15.16 and $15.685. The value of beta (5-year monthly) was 1.624 whereas the PE ratio was 0.87 over 12-month period. Referring to stock’s 52-week performance, its high was $29.00, and the low was $9.20. On the whole, ZIM has fluctuated by -30.13% over the past month.
With the market capitalization of Zim Integrated Shipping Services Ltd currently standing at about $1.86 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-11. The company’s Forward Dividend Ratio is 7.10, with its dividend yield at 45.87%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 6.64B, with a low estimate of 1.82B and a high estimate of 1.86B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.84B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ZIM’s technical picture suggests that short-term indicators denote the stock is a 75% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of ZIM currently trading nearly -17.22% and -17.21% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 30.68, while the 7-day volatility ratio is showing 4.98% which for the 30-day chart, stands at 5.95%. Furthermore, Zim Integrated Shipping Services Ltd (ZIM)’s beta value is 1.71, and its average true range (ATR) is 1.14.
A comparison of Zim Integrated Shipping Services Ltd (ZIM) with its peers suggests the former has fared considerably weaker in the market. ZIM showed an intraday change of 1.78% in last session, and over the past year, it grew by 67.88%%.
Data on historical trading for Zim Integrated Shipping Services Ltd (NYSE:ZIM) indicates that the trading volumes over the past 10 days have averaged 9.98 and over the past 3 months, they’ve averaged 6.13 million. According to company’s latest data on outstanding shares, there are 120.42 million shares outstanding.
Nearly 1.07% of Zim Integrated Shipping Services Ltd’s shares belong to company insiders and institutional investors own 52.58% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 13.01 million shares as on 2025-03-14, resulting in a short ratio of 2.08. According to the data, the short interest in Zim Integrated Shipping Services Ltd (ZIM) stood at 1093.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 16.53 million. The stock has fallen by -27.95% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ZIM stock heading into the next quarter.
