Shares of ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) traded at a new 12-month high today of $91.23. This new high was reached on approximately average trading volume as 3.6 million shares traded hands, while the average 30-day volume is approximately 4.3 million shares.
ZIM Integrated Shipping Services Ltd. share prices have moved between a 12-month high of $91.23 and a 12-month low of $22.68 and are now trading 292% above that low price at $88.91 per share.
ZIM Integrated Shipping Services Ltd. is an asset-light container liner shipping company. It offers tailored services, including land transportation and logistical services, specialized shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. Its services include Cargo Services, Digital Services, Schedules, and Shipping Trades and Lines. Geographically, it derives a majority of revenue from the Pacific.
ZIM Integrated Shipping Services Ltd. has potential upside of 0.6% based on a current price of $88.91 and analysts’ consensus price target of $89.47.
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