|Bid||0.00 x 1000|
|Ask||0.00 x 1200|
|Day's range||20.03 - 21.37|
|52-week range||20.03 - 91.23|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||0.43|
|Earnings date||16 Nov 2022|
|Forward dividend & yield||27.55 (129.89%)|
|Ex-dividend date||28 Nov 2022|
|1y target est||30.35|
Shares of Israeli container shipping company ZIM Integrated Shipping Services (NYSE: ZIM) tumbled 3.4% through 11:05 a.m. EST Monday -- and it's no huge secret why. Across the shipping world, stocks including ZIM, Costamere, and Danaos Corporation are all sliding today. As multiple media outlets have reported, protests against a government "zero-Covid" policy are spreading across China, threatening both the ruling regime's stability, the country's economy, and its ability to produce products that would need container shipping services to reach foreign markets.
Recently, Zacks.com users have been paying close attention to ZIM (ZIM). This makes it worthwhile to examine what the stock has in store.
ZIM (ZIM) delivered earnings and revenue surprises of 2.11% and 7.27%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?