ZIM Integrated Shipping saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an increase from 88 to 93.
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IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating of at least 80 in the early stages of their moves.
ZIM Integrated Shipping is working on a consolidation with a 20.68 buy point. See if it can break out in heavy trade.
The company posted 0% EPS growth in its most recent report. Sales rose 80%. The next quarterly results are expected on or around May 19.
ZIM Integrated Shipping earns the No. 2 rank among its peers in the Transportation-Ship industry group. Cap Clean Energy Carriers is the No. 1-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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