NYSE:ZIMShipping
Has ZIM (ZIM) Rallied Too Far After Global Shipping Route Disruptions?
If you are wondering whether ZIM Integrated Shipping Services at around US$23.24 is priced attractively or already baking in a lot of optimism, you are asking the right question for this stock.
The share price returns of 3.4% over the last 7 days, 9.6% over 30 days, 6.1% year to date and 68.2% over 1 year show that sentiment around ZIM has shifted meaningfully, which can change how investors think about its risk and return profile.
Recent news flow around global trade routes, freight demand...