Zim Integrated Shipping Services Ltd (NYSE: ZIM) is -17.43% lower on its value in year-to-date trading and has touched a low of $11.03 and a high of $29.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ZIM stock was last observed hovering at around $15.94 in the last trading session, with the day’s loss setting it -0.19%.
Currently trading at $15.75, the stock is -3.65% and -5.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.68 million and changing -1.19% at the moment leaves the stock -15.61% off its SMA200. ZIM registered -26.64% loss for a year compared to 6-month loss of -23.99%. The firm has a 50-day simple moving average (SMA 50) of $16.6126 and a 200-day simple moving average (SMA200) of $18.8741.
The stock witnessed a -6.25% gain in the last 1 month and extending the period to 3 months gives it a 25.00%, and is -0.82% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.42% over the week and 4.20% over the month.
Zim Integrated Shipping Services Ltd (ZIM) has around 6700 employees, a market worth around $1.90B and $8.87B in sales. Current P/E ratio is 0.81. Profit margin for the company is 26.52%. Distance from 52-week low is 42.73% and -45.69% from its 52-week high. The company has generated returns on investments over the last 12 months (27.51%).
with sales reaching $1.81B over the same period.The EPS is expected to shrink by -81.42% this year, but quarterly earnings will post -16.08% year-over-year. Quarterly sales are estimated to shrink -6.43% in year-over-year returns.
Zim Integrated Shipping Services Ltd (ZIM) Top Institutional Holders
294.0 institutions hold shares in Zim Integrated Shipping Services Ltd (ZIM), with institutional investors hold 49.49% of the company’s shares. The shares outstanding are 120.46M, and float is at 119.04M with Short Float at 20.82%. Institutions hold 48.91% of the Float.
The top institutional shareholder in the company is D. E. SHAW & CO., INC. with over 4.85 million shares valued at $107.43 million. The investor’s holdings represent 4.0268% of the ZIM Shares outstanding. As of 2024-06-30, the second largest holder is GREENVALE CAPITAL LLP with 4.31 million shares valued at $95.56 million to account for 3.5817 of the shares outstanding. The other top investors are SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 3.34 million shares representing 2.7758% and valued at over $74.06 million, while CITADEL ADVISORS LLC holds 2.5263 of the shares totaling 3.04 million with a market value of $67.4 million.
Zim Integrated Shipping Services Ltd (ZIM) Insider Activity
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