Market Momentum Report: Zim Integrated Shipping Services Ltd (ZIM)’s Negative Close at 19.38

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The price of Zim Integrated Shipping Services Ltd (NYSE: ZIM) closed at $19.38 in the last session, down -4.58% from day before closing price of $20.31. In other words, the price has decreased by -$4.58 from its previous closing price. On the day, 14.87 million shares were traded. ZIM stock price reached its highest trading level at $20.6951 during the session, while it also had its lowest trading level at $18.37.

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 1.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.10. 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 2333138688 and an Enterprise Value of 5978703872. As of this moment, Zim’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.62. 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 0.801 whereas that against EBITDA is 3.924.

Stock Price History:

The Beta on a monthly basis for ZIM is 1.56, which has changed by 1.0861142 over the last 52 weeks, in comparison to a change of 0.087141395 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 -0.27%, while the 200-Day Moving Average is calculated to be -2.24%.

Shares Statistics:

According to the various share statistics, ZIM traded on average about 5.28M shares per day over the past 3-months and 6786650 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 52.64% stake in the company. Shares short for ZIM as of 1740700800 were 14423496 with a Short Ratio of 2.73, compared to 1738281600 on 16674869. Therefore, it implies a Short% of Shares Outstanding of 14423496 and a Short% of Float of 15.299999999999999.

Dividends & Splits

The forward annual dividend rate for ZIM is 3.97, which was 0.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0

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