Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Zim Integrated Shipping Services Ltd (NYSE: ZIM) closed the day trading at $19.09 down -7.87% from the previous closing price of $20.72. In other words, the price has decreased by -$7.87 from its previous closing price. On the day, 9.61 million shares were traded. ZIM stock price reached its highest trading level at $19.33 during the session, while it also had its lowest trading level at $18.54.
Ratios:
For a better understanding of ZIM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.08. 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:
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:
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 2298225920 and an Enterprise Value of 7259687936. As of this moment, Zim’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.60, and their Forward P/E ratio for the next fiscal year is 6.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 0.59. 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 1.69, which has changed by 0.43426 over the last 52 weeks, in comparison to a change of 0.22263205 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 -11.96%, while the 200-Day Moving Average is calculated to be 3.07%.
Shares Statistics:
Over the past 3-months, ZIM traded about 6.20M shares per day on average, while over the past 10 days, ZIM traded about 4617150 shares per day. 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 46.79% stake in the company. Shares short for ZIM as of 1730332800 were 12746694 with a Short Ratio of 1.92, compared to 1727654400 on 15740093. Therefore, it implies a Short% of Shares Outstanding of 12746694 and a Short% of Float of 13.530000000000001.
