Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $15.62 in the prior trading day, Zim Integrated Shipping Services Ltd (NYSE: ZIM) closed at $15.20, down -2.69%. In other words, the price has decreased by -$2.69 from its previous closing price. On the day, 7.01 million shares were traded. ZIM stock price reached its highest trading level at $15.57 during the session, while it also had its lowest trading level at $14.94.
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 0.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.60. 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:
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 1830961536 and an Enterprise Value of 5751654400. As of this moment, Zim’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 0.45. Its current Enterprise Value per Revenue stands at 0.682 whereas that against EBITDA is 2.246.
Stock Price History:
The Beta on a monthly basis for ZIM is 1.70, which has changed by 0.5169661 over the last 52 weeks, in comparison to a change of 0.10063088 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 $9.11. The 50-Day Moving Average of the stock is -18.90%, while the 200-Day Moving Average is calculated to be -22.78%.
Shares Statistics:
The stock has traded on average 6.12M shares per day over the past 3-months and 9984230 shares per day over the last 10 days, according to various share 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 52.58% stake in the company. Shares short for ZIM as of 1741910400 were 13008340 with a Short Ratio of 2.36, compared to 1739491200 on 16531927. Therefore, it implies a Short% of Shares Outstanding of 13008340 and a Short% of Float of 10.93.
Dividends & Splits
In the trailing 12 months, ZIM’s forward annual dividend rate was 7.14, compared to 7.14 this year. Against a Trailing Annual Dividend Yield of 0.45710626
