Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Zim Integrated Shipping Services Ltd (NYSE: ZIM) closed at $18.10 in the last session, down -3.98% from day before closing price of $18.85. In other words, the price has decreased by -$3.98 from its previous closing price. On the day, 6.88 million shares were traded.
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 0.62. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 1.49 whereas as Long-Term Debt/Eq ratio is at 1.16.
On October 02, 2024, Jefferies Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $25.
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:
As of this moment, Zim’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 0.55.
Stock Price History:
Over the past 52 weeks, ZIM has reached a high of $29.00, while it has fallen to a 52-week low of $11.03. The 50-Day Moving Average of the stock is 16.84%, while the 200-Day Moving Average is calculated to be -4.47%.
Shares Statistics:
A total of 120.46M shares are outstanding, with a floating share count of 119.17M. Insiders hold about 1.07% of the company’s shares, while institutions hold 48.42% stake in the company.
