ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) went up by 2.12% from its latest closing price compared to the recent 1-year high of $91.23. The company’s stock price has collected 10.46% of gains in the last five trading sessions.
Is It Worth Investing in ZIM Integrated Shipping Services Ltd. (NYSE :ZIM) Right Now?
ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) scored a price-to-earnings ratio above its average ratio, recording 0.38 x from its present earnings ratio. Opinions of the stock are interesting as 0 analysts out of 6 who provided ratings for ZIM Integrated Shipping Services Ltd. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $19.43, which is $11.07 above the current price. ZIM currently public float of 80.39M and currently shorts hold a 22.06% ratio of that float. Today, the average trading volume of ZIM was 4.17M shares.
ZIM’s Market Performance
ZIM stocks went up by 10.46% for the week, with a monthly jump of 10.59% and a quarterly performance of -18.48%, while its annual performance rate touched -69.37%. The volatility ratio for the week stands at 5.15% while the volatility levels for the past 30 days are set at 4.49% for ZIM Integrated Shipping Services Ltd. The simple moving average for the period of the last 20 days is 7.81% for ZIM stocks with a simple moving average of -51.65% for the last 200 days.
Analysts’ Opinion of ZIM
Jefferies, on the other hand, stated in their research note that they expect to see ZIM reach a price target of $55. The rating they have provided for ZIM stocks is “Hold” according to the report published on July 21st, 2022.
BofA Securities gave a rating of “Underperform” to ZIM, setting the target price at $40 in the report published on July 01st of the previous year.
ZIM Trading at -5.90% from the 50-Day Moving Average
After a stumble in the market that brought ZIM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -79.40% of loss for the given period.
Volatility was left at 4.49%, however, over the last 30 days, the volatility rate increased by 5.15%, as shares surge +5.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.59% lower at present.
During the last 5 trading sessions, ZIM rose by +10.46%, which changed the moving average for the period of 200-days by -69.62% in comparison to the 20-day moving average, which settled at $17.48. In addition, ZIM Integrated Shipping Services Ltd. saw 9.31% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ZIM
Current profitability levels for the company are sitting at:
- +54.02 for the present operating margin
- +56.33 for the gross margin
The net margin for ZIM Integrated Shipping Services Ltd. stands at +43.25. Equity return is now at value 118.80, with 51.80 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.84.