With 13.54 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.18 million shares. During the session, the Marine Shipping company that operates in wider Industrials sector, reached to the highest price of $13.59 whereas the lowest price it dropped to was $11.88. The 52-week range on ZIM shows that it touched its highest point at $17.97 and its lowest point at $6.39 during that stretch. It currently has a 1-year price target of $9.34. Beta for the stock currently stands at 1.65.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ZIM was up-trending over the past week, with a rise of 29.99%, but this was up by 31.94% over a month. Three-month performance dropped to -1.64% while six-month performance rose 55.71%. The stock lost -21.26% in the past year, while it has gained 33.94% so far this year. A look at the trailing 12-month EPS for ZIM yields -22.42 with Next year EPS estimates of -3.21. For the next quarter, that number is 1.57. This implies an EPS growth rate of 94.69% for this year and -169.71% for next year.
Float and Shares Shorts:
At present, 120.29 million ZIM shares are outstanding with a float of 94.19 million shares on hand for trading. On 2024-04-15, short shares totaled 31.5 million, which was 2617.9999999999995 higher than short shares on 1710460800. In addition to Mr. Eliyahu Glickman as the firm’s President & CEO, Mr. Xavier Destriau serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.23165001 of ZIM’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, ZIM reported revenue of $1205300000.0 and operating income of -$33400000.0. The EBITDA in the recently reported quarter was $144300000.0 and diluted EPS was $nan.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ZIM since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
