ZIM Integrated Shipping Services .(ZIM)

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Why Zim Integrated Shipping Stock Sunk in February
The Motley Fool· 2024-03-01 21:39
Investors in Zim Integrated Shipping Services (ZIM 0.84%) can't be blamed for feeling a little seasick. Fresh off a January where the stock was up 52%, shares of Zim headed in the other direction in February, falling 20.6% for the month, according to data provided by S&P Global Market Intelligence.Both the surge and the subsequent drop are tied to the ongoing troubles in the Middle East, with bulls and bears battling over what those issues will mean for shippers like Zim.Shipping stocks can't sail away from ...
ZIM Integrated Shipping Services (ZIM) Increases Yet Falls Behind Market: What Investors Need to Know
Zacks Investment Research· 2024-02-22 23:45
ZIM Integrated Shipping Services (ZIM) closed at $12.51 in the latest trading session, marking a +0.4% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 2.11%. Meanwhile, the Dow experienced a rise of 1.18%, and the technology-dominated Nasdaq saw an increase of 2.96%.Prior to today's trading, shares of the container shipping company had lost 11.38% over the past month. This has lagged the Transportation sector's gain of 3.91% and the S&P 500's gain of 3.08% in that tim ...
ZIM Integrated Shipping Services (ZIM) Advances While Market Declines: Some Information for Investors
Zacks Investment Research· 2024-02-12 23:56
ZIM Integrated Shipping Services (ZIM) closed the most recent trading day at $12.11, moving +1.85% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.1%. Elsewhere, the Dow saw an upswing of 0.33%, while the tech-heavy Nasdaq depreciated by 0.3%.The container shipping company's shares have seen a decrease of 11.66% over the last month, not keeping up with the Transportation sector's gain of 3.51% and the S&P 500's gain of 5.78%.Investors will be eagerly watching for the perf ...
Where Will Zim Integrated Shipping Services Stock Be in 2025?
The Motley Fool· 2024-02-10 13:00
Fool.com contributor Parkev Tatevosian evaluates Zim Integrated Shipping Services (ZIM -2.62%) stock and forecasts where it could be by the end of 2025. *Stock prices used were the afternoon prices of Feb. 7, 2024. The video was published on Feb. 9, 2024. ...
Here's why the ZIM Integrated stock price is sinking
Invezz· 2024-02-08 10:59
ZIM Integrated (NYSE: ZIM) stock price plunged by more than 7% in the pre-market session after a major warning from Maersk, the second-biggest shipping company in the world. The shares crashed to a low of $12, much lower than this month’s high of $15.57.ZIM Integrated share price has been in a strong uptrend in the past few weeks as the crisis in the Red Sea pushed container prices sharply higher. Data shows that the World Container Index has soared to over $3,800, up from below $1,500 in December. This pri ...
Why Zim Integrated Shipping Stock Surged Higher in January
The Motley Fool· 2024-02-05 19:35
Macroeconomic conditions that had been working against Zim Integrated Shipping Services (ZIM 0.27%) flipped in the company's favor in January, making investors excited about the opportunity that lies up ahead. Shares of Zim gained 52% in the month, according to data provided by S&P Global Market Intelligence, as investors bet that pricing power was quickly returning to the industry.A geopolitical twist after a tough yearInvestors in the global shipping specialist can't be blamed for feeling a little seasick ...
ZIM Integrated stock as investors hope for a big dividend
Invezz· 2024-02-01 14:12
ZIM Integrated (NYSE: ZIM) stock price continued rising this week as investors continued to anticipate a big dividend. After bottoming at $6.45 in December, the stock has jumped by more than 137%, making it one of the top performers in Wall Street.Big dividend likely as shipping costs riseCopy link to sectionZIM Integrated shares have surged as investors cheer the ongoing crisis at the Red Sea that has pushed shipping costs higher. Data by London-based Drewry shows that the World Container Index (WCI) has s ...
ZIM Integrated Shipping Services (ZIM) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research· 2024-01-31 23:56
ZIM Integrated Shipping Services (ZIM) closed the most recent trading day at $15, moving +1.15% from the previous trading session. This move outpaced the S&P 500's daily loss of 1.61%. Elsewhere, the Dow lost 0.82%, while the tech-heavy Nasdaq lost 2.23%.The container shipping company's stock has climbed by 32.53% in the past month, exceeding the Transportation sector's loss of 1.49% and the S&P 500's gain of 3.28%.The investment community will be closely monitoring the performance of ZIM Integrated Shippin ...
ZIM (ZIM) Is Attractively Priced Despite Fast-paced Momentum
Zacks Investment Research· 2024-01-31 14:51
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...
ZIM (ZIM) Moves 7.5% Higher: Will This Strength Last?
Zacks Investment Research· 2024-01-30 11:31
ZIM Integrated Shipping Services (ZIM) shares ended the last trading session 7.5% higher at $14.45. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 36.2% gain over the past four weeks.The uptick followed an upgrade of the stock by Jefferies to buy from hold as the Red Sea crisis — and the Middle East situation in general — is worsening. While upgrading the stock Jefferies shipping analyst Omar Nokta said “Red Sea d ...