Shares of ZIM Integrated Shipping Services Ltd. (ZIM) Have Risen Above Previous 52-Week High

September 10, 2021 09:38:15

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) traded today at a new 52-week high of $59.24. Approximately 608,000 shares have changed hands today, as compared to an average 30-day volume of 2.3 million shares.

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. share prices have moved between a 52-week high of $59.24 and a 52-week low of $11.34 and are now trading 419% above that low price at $58.90 per share.

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) is currently priced 74.2% above its average consensus analyst price target of $15.20.

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