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As of close of business last night, Zim Integrated Shipping Services Ltd’s stock clocked out at $23.41, down -3.74% from its previous closing price of $24.32. In other words, the price has decreased by -$3.74 from its previous closing price. On the day, 4.75 million shares were traded. ZIM stock price reached its highest trading level at $24.48 during the session, while it also had its lowest trading level at $23.32.
Ratios:
To gain a deeper understanding of ZIM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.77. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 1.94 whereas as Long-Term Debt/Eq ratio is at 1.41.
Citigroup Downgraded its Neutral to Sell on June 06, 2024, while the target price for the stock was maintained at $13.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 27 ’24 when Ben-Amram Eyal bought 10,000 shares for $23.52 per share.
Ben-Amram Eyal bought 10,000 shares of ZIM for $225,400 on Aug 21 ’24. On Aug 21 ’24, another insider, Tiran Assaf, who serves as the EVP Cross Suez and Atlantic Tr of the company, bought 35,000 shares for $22.54 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZIM now has a Market Capitalization of 2817510656 and an Enterprise Value of 6826409984. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 1.143 whereas that against EBITDA is 38.243.
Stock Price History:
Over the past 52 weeks, ZIM has reached a high of $26.20, while it has fallen to a 52-week low of $6.39. The 50-Day Moving Average of the stock is 19.59%, while the 200-Day Moving Average is calculated to be 49.20%.
Shares Statistics:
It appears that ZIM traded 5.40M shares on average per day over the past three months and 6922180 shares per day over the past ten days. A total of 120.29M shares are outstanding, with a floating share count of 94.22M. Insiders hold about 21.71% of the company’s shares, while institutions hold 40.53% stake in the company. Shares short for ZIM as of 1726185600 were 15901835 with a Short Ratio of 2.94, compared to 1723680000 on 10785566. Therefore, it implies a Short% of Shares Outstanding of 15901835 and a Short% of Float of 16.870001000000002.
Dividends & Splits
With its trailing 12-month dividend rate of 1.16, ZIM has a forward annual dividend rate of 1.16. Against a Trailing Annual Dividend Yield of 0.04769737
