Zim Corp (OTCMKTS:ZIMCF) shares rose 236.9% on Wednesday . The stock traded as high as $0.17 and last traded at $0.13, approximately 211,455 shares changed hands during trading. An increase of 29,964% from the average daily volume of 703 shares. The stock had previously closed at $0.04.

The company’s 50-day moving average is $0.04 and its two-hundred day moving average is $0.03.

ZIM (OTCMKTS:ZIMCF) last announced its quarterly earnings results on Monday, August 12th. The technology company reported ($0.01) earnings per share for the quarter. The firm had revenue of $0.09 million for the quarter. ZIM had a negative net margin of 9.66% and a negative return on equity of 4.32%.

About ZIM (OTCMKTS:ZIMCF)

ZIM Corporation provides software products and services for the database and mobile markets in the United States, Brazil, Canada, Singapore, and internationally. The company operates through two segments, Mobile and Enterprise Software. It develops and sells ZIM integrated development environment (IDE) software, an enterprise software for use in the design, development, and management of information databases and mission critical applications.

Featured Story: How to calculate the intrinsic value of a stock

Receive News & Ratings for ZIM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ZIM and related companies with MarketBeat.com's FREE daily email newsletter.