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The closing price of ZipRecruiter Inc (NYSE: ZIP) was $10.19 for the day, up 0.79% from the previous closing price of $10.11. In other words, the price has increased by $0.79 from its previous closing price. On the day, 0.77 million shares were traded. ZIP stock price reached its highest trading level at $10.5 during the session, while it also had its lowest trading level at $10.14.
Ratios:
Our analysis of ZIP’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 1.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.65. For the most recent quarter (mrq), Quick Ratio is recorded 7.44 and its Current Ratio is at 7.44. In the meantime, Its Debt-to-Equity ratio is 22.71 whereas as Long-Term Debt/Eq ratio is at 22.52.
On January 19, 2024, Goldman Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $15.
On November 20, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $15.Wells Fargo initiated its Overweight rating on November 20, 2023, with a $15 target price.
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 Sep 18 ’24 when David Travers bought 59,564 shares for $10.19 per share.
LORA K BARTOLOME bought 2,923 shares of ZIP for $29,552 on Sep 18 ’24. On Aug 20 ’24, another insider, SAKAMOTO RYAN T., who serves as the EVP, CHIEF LEGAL OFFICER of the company, sold 1,489 shares for $9.04 each. As a result, the insider received 13,461 and left with 100,030 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZIP now has a Market Capitalization of 1012259264 and an Enterprise Value of 1043772032. As of this moment, ZipRecruiter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.88 while its Price-to-Book (P/B) ratio in mrq is 41.37. Its current Enterprise Value per Revenue stands at 1.942 whereas that against EBITDA is 16.334.
Stock Price History:
Over the past 52 weeks, ZIP has reached a high of $15.35, while it has fallen to a 52-week low of $7.21. The 50-Day Moving Average of the stock is 15.18%, while the 200-Day Moving Average is calculated to be -8.73%.
Shares Statistics:
ZIP traded an average of 540.79K shares per day over the past three months and 605060 shares per day over the past ten days. A total of 76.17M shares are outstanding, with a floating share count of 63.56M. Insiders hold about 36.02% of the company’s shares, while institutions hold 51.87% stake in the company. Shares short for ZIP as of 1724976000 were 3376342 with a Short Ratio of 6.24, compared to 1722384000 on 3011341. Therefore, it implies a Short% of Shares Outstanding of 3376342 and a Short% of Float of 7.04.
