In Wednesday’s Wall Street session, Zim Integrated Shipping Services Ltd (NYSE:ZIM) shares traded at $15.47, up 1.78% from the previous session.
ZIM stock price is now -17.21% away from the 50-day moving average and -21.34% away from the 200-day moving average. The market capitalization of the company currently stands at $1.86B.
With the price target maintained at $25, Jefferies recently Downgraded its rating from Buy to Hold for Zim Integrated Shipping Services Ltd (NYSE: ZIM). , while ‘Citigroup’ rates the stock as ‘Sell’
In other news, Ben-Amram Eyal, Officer bought 26,945 shares of the company’s stock on Dec 12 ’24. The stock was bought for $514,650 at an average price of $19.10. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 11 ’24, Officer Ben-Amram Eyal bought 3,055 shares of the business’s stock. A total of $62,139 was incurred on buying the stock at an average price of $20.34. A total of 1.07% of the company’s stock is owned by insiders.
During the past 12 months, Zim Integrated Shipping Services Ltd has had a low of $9.20 and a high of $29.00. As of last week, the company has a debt-to-equity ratio of 1.49, a current ratio of 1.25, and a quick ratio of 1.17. The fifty day moving average price for ZIM is $18.7426 and a two-hundred day moving average price translates $20.1691 for the stock.
The latest earnings results from Zim Integrated Shipping Services Ltd (NYSE: ZIM) was released for 2024-12-31. The net profit margin was 25.48% and return on equity was 66.17% for ZIM. The company reported revenue of $2.17 billion for the quarter, compared to $1.21 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 79.84 percent.
