During the last session, Zim Integrated Shipping Services Ltd (NYSE:ZIM)’s traded shares were 2.31 million, with the beta value of the company hitting 1.66. At the end of the trading day, the stock’s price was $11.39, reflecting an intraday loss of -0.70% or -$0.08. The 52-week high for the ZIM share is $18.42, that puts it down -61.72 from that peak though still a striking 43.9% gain since the share price plummeted to a 52-week low of $6.39. The company’s market capitalization is $1.37B, and the average trade volume was 5.23 million shares over the past three months.
Zim Integrated Shipping Services Ltd (NYSE:ZIM) trade information
Zim Integrated Shipping Services Ltd (ZIM) registered a -0.70% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.70% in intraday trading to $11.39, hitting a weekly high. The stock’s 5-day price performance is 15.52%, and it has moved by 16.46% in 30 days. Based on these gigs, the overall price performance for the year is -35.17%.
Zim Integrated Shipping Services Ltd (ZIM) estimates and forecasts
Statistics show that Zim Integrated Shipping Services Ltd has outperformed its competitors in share price, compared to the industry in which it operates. Zim Integrated Shipping Services Ltd (ZIM) shares have gone up 33.84% during the last six months, with a year-to-date growth rate more than the industry average at 106.51% against 9.00. In the rating firms’ projections, revenue will increase 10.50% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.58B as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 1.49B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.37B and 1.31B respectively. In this case, analysts expect current quarter sales to grow by 14.90% and then jump by 14.10% in the coming quarter.
While earnings are projected to return 94.69% in 2024.
ZIM Dividends
Zim Integrated Shipping Services Ltd is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
