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After finishing at $12.81 in the prior trading day, Zim Integrated Shipping Services Ltd (NYSE: ZIM) closed at $11.71, down -8.59%. In other words, the price has decreased by -$8.59 from its previous closing price. On the day, 8.78 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ZIM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.46. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.25. In the meantime, Its Debt-to-Equity ratio is 1.49 whereas as Long-Term Debt/Eq ratio is at 1.15.
Citigroup Downgraded its Neutral to Sell on June 06, 2024, while the target price for the stock was maintained at $13.
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 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 0.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 0.35.
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 $9.38. The 50-Day Moving Average of the stock is -35.57%, while the 200-Day Moving Average is calculated to be -39.89%.
Shares Statistics:
A total of 120.42M shares are outstanding, with a floating share count of 119.17M. Insiders hold about 1.07% of the company’s shares, while institutions hold 52.77% stake in the company.
