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The closing price of Zim Integrated Shipping Services Ltd (NYSE: ZIM) was $20.36 for the day, down -6.61% from the previous closing price of $21.80. In other words, the price has decreased by -$6.61 from its previous closing price. On the day, 5.18 million shares were traded.
Ratios:
Our analysis of ZIM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.15. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 1.49 whereas as Long-Term Debt/Eq ratio is at 1.11.
Citigroup Downgraded its Neutral to Sell on June 06, 2024, while the target price for the stock was maintained at $13.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 12 ’24 when Ben-Amram Eyal bought 26,945 shares for $19.10 per share.
Ben-Amram Eyal bought 3,055 shares of ZIM for $62,139 on Dec 11 ’24. On Nov 22 ’24, another insider, Kenon Holdings Ltd., who serves as the 10% Owner of the company, bought 14,843,478 shares for $24.23 each.
Valuation Measures:
As of this moment, Zim’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.71, and their Forward P/E ratio for the next fiscal year is 6.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 0.62.
Stock Price History:
Over the past 52 weeks, ZIM has reached a high of $29.00, while it has fallen to a 52-week low of $8.73. The 50-Day Moving Average of the stock is 5.06%, while the 200-Day Moving Average is calculated to be 3.14%.
Shares Statistics:
A total of 120.39M shares are outstanding, with a floating share count of 119.07M. Insiders hold about 1.07% of the company’s shares, while institutions hold 52.64% stake in the company.
