For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $18.05 in the prior trading day, Zim Integrated Shipping Services Ltd (NYSE: ZIM) closed at $17.53, down -2.88%. In other words, the price has decreased by -$2.88 from its previous closing price. On the day, 7.31 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ZIM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.60. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 1.49 whereas as Long-Term Debt/Eq ratio is at 1.16.
On October 02, 2024, Jefferies Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $25.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 0.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 0.53.
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 $11.03. The 50-Day Moving Average of the stock is 13.41%, while the 200-Day Moving Average is calculated to be -7.49%.
Shares Statistics:
A total of 120.46M shares are outstanding, with a floating share count of 119.17M. Insiders hold about 1.07% of the company’s shares, while institutions hold 48.41% stake in the company.
