- Entry
- $19.54
- Final
- $16.89 -13.6%
- Target
- $25.50
- Score
- -0.44
ZIM Integrated Shipping Services had a strong Q3 earnings release in November beating the expectations. They raised their 2024 full year guidance of 300M and it's very likely they will give another good dividend for the upcoming quarter. After the earnings release on Nov 20 the price shoot up to $30 and came back down in the oversold territory of $19, the P/E of the company is fairly low right now. One of the reasons about that recent drop in …
— ORIGINAL POST ·
ZIM at a discount price
· r/wallstreetbets
· Feb 5, 2025