Is ZIM's Cheap Valuation an Opportunity to Invest in the Stock?
ZIM Integrated Shipping Services .(ZIM) ZACKS·2024-10-24 01:51
ZIM Integrated Shipping Services Ltd. (ZIM) shares are among the cheaper ones in the Zacks Transportation—Shipping industry, with a Value Score of A. The ZIM stock is trading at a discount with a forward 12-month P/S of 0.45X compared with the industry’s 2.24X. Image Source: Zacks Investment Research ZIM is cheaper in valuation than fellow industry players Seanergy Maritime Holdings (SHIP) and Euroseas Limited (ESEA) , which is attractive to investors.Now, the question is whether it is worth buying at curr ...