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 $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
