Zim Integrated Shipping Services Ltd (NYSE: ZIM) Gain Of 59.58% Compared To 52-Week Low; YTD Rise 60.23% – What Should You Do Now?

Zim Integrated Shipping Services Ltd (NYSE:ZIM)’s traded shares stood at 4.48 million during the latest session, with the company’s beta value hitting 1.56. At the last check today, the stock’s price was $15.81, to imply an increase of 7.00% or $1.03 in intraday trading. The ZIM share’s 52-week high remains $17.97, putting it -13.66% down since that peak but still an impressive 59.58% since price per share fell to its 52-week low of $6.39. The company has a valuation of $1.90B, with an average of 4.29 million shares over the past 3 months.

Zim Integrated Shipping Services Ltd (NYSE:ZIM) trade information

After registering a 7.00% upside in the latest session, Zim Integrated Shipping Services Ltd (ZIM) has traded red over the past five days. The stock hit a weekly high of 16.00, jumping 7.00% in its intraday price action. The 5-day price performance for the stock is 26.32%, and 51.78% over 30 days. With these gigs, the year-to-date price performance is 60.23%.

Zim Integrated Shipping Services Ltd (ZIM) estimates and forecasts

Looking at statistics comparing Zim Integrated Shipping Services Ltd share performance against respective industry, we note that the company has outperformed competitors. Zim Integrated Shipping Services Ltd (ZIM) shares are 109.47% up over the last 6 months, with its year-to-date growth rate higher than industry average at 113.61% against 7.90%. The rating firms project that company’s revenue will grow 10.50% compared to the previous financial year.

Revenue forecast for the current quarter as set by 6 analysts is 1.58B. Meanwhile, for the current quarter, a total of 6 analyst(s) estimate revenue growth to 1.49B.Earnings reports from the last fiscal year show that sales brought in 1.37B and 1.31B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 14.90% before jumping 14.10% in the following quarter.

ZIM Dividends

Zim Integrated Shipping Services Ltd has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Zim Integrated Shipping Services Ltd has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.