In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Zim Integrated Shipping Services Ltd (NYSE: ZIM) closed at $18.06 in the last session, up 2.79% from day before closing price of $17.57. In other words, the price has increased by $2.79 from its previous closing price. On the day, 3.76 million shares were traded. ZIM stock price reached its highest trading level at $18.3 during the session, while it also had its lowest trading level at $17.31.
Ratios:
We take a closer look at ZIM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.02. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:
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 2174225152 and an Enterprise Value of 7259687936. As of this moment, Zim’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.51, and their Forward P/E ratio for the next fiscal year is 7.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 0.55. Its current Enterprise Value per Revenue stands at 1.215 whereas that against EBITDA is 40.671.
Stock Price History:
The Beta on a monthly basis for ZIM is 1.66, which has changed by 0.4389844 over the last 52 weeks, in comparison to a change of 0.208081 over the same period for the S&P500. 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 -7.42%, while the 200-Day Moving Average is calculated to be -5.66%.
Shares Statistics:
According to the various share statistics, ZIM traded on average about 6.47M shares per day over the past 3-months and 4552670 shares per day over the past 10 days. 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 47.42% stake in the company. Shares short for ZIM as of 1730332800 were 12746694 with a Short Ratio of 2.34, compared to 1727654400 on 15740093. Therefore, it implies a Short% of Shares Outstanding of 12746694 and a Short% of Float of 13.530000000000001.
