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.
As of close of business last night, Zim Integrated Shipping Services Ltd’s stock clocked out at $21.20, down -0.27% from its previous closing price of $21.26. In other words, the price has decreased by -$0.27 from its previous closing price. On the day, 8.71 million shares were traded. ZIM stock price reached its highest trading level at $22.97 during the session, while it also had its lowest trading level at $21.72.
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 1.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.20. 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:
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 Nov 22 ’24 when Kenon Holdings Ltd. bought 14,843,478 shares for $24.23 per share.
Ben-Amram Eyal bought 10,000 shares of ZIM for $267,800 on Nov 20 ’24. On Sep 27 ’24, another insider, Ben-Amram Eyal, who serves as the Officer of the company, bought 10,000 shares for $23.52 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 2660602880 and an Enterprise Value of 7259687936. As of this moment, Zim’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.78, and their Forward P/E ratio for the next fiscal year is 11.37. 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 0.34 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 1.215 whereas that against EBITDA is 40.671.
Stock Price History:
Over the past 52 weeks, ZIM has reached a high of $30.15, while it has fallen to a 52-week low of $6.39. The 50-Day Moving Average of the stock is -7.70%, while the 200-Day Moving Average is calculated to be 18.44%.
Shares Statistics:
It appears that ZIM traded 6.68M shares on average per day over the past three months and 10815660 shares per day over the past ten days. A total of 120.29M shares are outstanding, with a floating share count of 99.23M. Insiders hold about 17.55% of the company’s shares, while institutions hold 46.85% stake in the company. Shares short for ZIM as of 1730332800 were 12746694 with a Short Ratio of 2.01, compared to 1727654400 on 15740093. Therefore, it implies a Short% of Shares Outstanding of 12746694 and a Short% of Float of 13.530000000000001.
