The price of Zim Integrated Shipping Services Ltd (NYSE:ZIM) shares last traded on Wall Street fell -1.60% to $15.36.
ZIM stock price is now -4.75% away from the 50-day moving average and -18.21% away from the 200-day moving average. The market capitalization of the company currently stands at $1.85B.
With the price target maintained at $20, Clarksons Platou recently Downgraded its rating from Buy to Neutral for Zim Integrated Shipping Services Ltd (NYSE: ZIM). On October 02, 2024, Jefferies Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock keeping its target price maintained at $25, while ‘JP Morgan’ rates the stock as ‘Underweight’
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 1.18% of the company’s stock is owned by insiders.
During the past 12 months, Zim Integrated Shipping Services Ltd has had a low of $11.03 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 1.18, and a quick ratio of 1.10. The fifty day moving average price for ZIM is $16.1262 and a two-hundred day moving average price translates $19.0342 for the stock.
The latest earnings results from Zim Integrated Shipping Services Ltd (NYSE: ZIM) was released for 2025-03-31. The net profit margin was 26.52% and return on equity was 72.40% for ZIM. The company reported revenue of $2.01 billion for the quarter, compared to $1.56 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 28.46 percent. For the current quarter, analysts expect ZIM to generate $1.81B in revenue.
