Zim Integrated Shipping Services Ltd (NYSE:ZIM) traded at $17.19 at last check on current trade day and made a downward move of -1.47% on its previous day’s price.
Zim Integrated Shipping Services Ltd has a market cap of $2.07 billion and is expected to release its quarterly earnings report in July. With its Forward Dividend at 7.84 and a yield of 45.57%, the company’s investors could be anxious for the ZIM stock to gain ahead of the earnings release.
Based on estimates by 4 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Zim Integrated Shipping Services Ltd (ZIM) stock as a Hold, while 2 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 2 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 1.82% off its SMA20 and 11.97% from its 50-day simple moving average. The RSI (14) is pointing at 53.57 while the volatility over the past week is 2.29% and jumps to 4.95% over the past one month. The beta value is 1.75, while the average true range (ATR) is currently pointing at 0.93. The average price target for the stock over the next 12 months is $13.9, with the estimates having a low of $12.2 and a high of $25. These price ends are 29.03% and -45.43% off the today’s price level respectively, although investors could be excited at the prospect of a 19.14% if the ZIM share price touches on the median price of $13.9.
