Market Resilience: ZipRecruiter Inc (ZIP) Finishes Weak at 9.43, Down -1.87

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ZipRecruiter Inc (NYSE: ZIP) closed the day trading at $9.43 down -1.87% from the previous closing price of $9.61. In other words, the price has decreased by -$1.87 from its previous closing price. On the day, 0.63 million shares were traded. ZIP stock price reached its highest trading level at $9.57 during the session, while it also had its lowest trading level at $9.05.

Ratios:

For a better understanding of ZIP, 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 1.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.78. For the most recent quarter (mrq), Quick Ratio is recorded 7.44 and its Current Ratio is at 7.44. In the meantime, Its Debt-to-Equity ratio is 22.71 whereas as Long-Term Debt/Eq ratio is at 22.52.

On January 19, 2024, Goldman Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $15.

On November 20, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $15.Wells Fargo initiated its Overweight rating on November 20, 2023, with a $15 target price.

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 Sep 19 ’24 when SAKAMOTO RYAN T. sold 1,072 shares for $9.72 per share. The transaction valued at 10,420 led to the insider holds 107,672 shares of the business.

Bartolome Lora sold 2,923 shares of ZIP for $29,862 on Sep 18 ’24. The SVP, ACCOUNTING & CONTROLLER now owns 13,236 shares after completing the transaction at $10.22 per share. On Sep 18 ’24, another insider, TRAVERS DAVID, who serves as the PRESIDENT of the company, sold 36,403 shares for $10.24 each. As a result, the insider received 372,814 and left with 1,105,705 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZIP now has a Market Capitalization of 936762048 and an Enterprise Value of 986155776. As of this moment, ZipRecruiter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.74 while its Price-to-Book (P/B) ratio in mrq is 38.28. Its current Enterprise Value per Revenue stands at 1.835 whereas that against EBITDA is 15.433.

Stock Price History:

Over the past 52 weeks, ZIP has reached a high of $15.35, while it has fallen to a 52-week low of $7.21. The 50-Day Moving Average of the stock is 5.63%, while the 200-Day Moving Average is calculated to be -15.13%.

Shares Statistics:

Over the past 3-months, ZIP traded about 543.56K shares per day on average, while over the past 10 days, ZIP traded about 661300 shares per day. A total of 76.17M shares are outstanding, with a floating share count of 63.46M. Insiders hold about 36.11% of the company’s shares, while institutions hold 51.86% stake in the company. Shares short for ZIP as of 1724976000 were 3376342 with a Short Ratio of 6.21, compared to 1722384000 on 3011341. Therefore, it implies a Short% of Shares Outstanding of 3376342 and a Short% of Float of 7.04.

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