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In the latest session, Zim Integrated Shipping Services Ltd (NYSE: ZIM) closed at $13.02 up 0.54% from its previous closing price of $12.95. In other words, the price has increased by $0.54 from its previous closing price. On the day, 4.19 million shares were traded. ZIM stock price reached its highest trading level at $13.24 during the session, while it also had its lowest trading level at $12.66.
Ratios:
For a deeper understanding of Zim Integrated Shipping Services Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.51. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1568363264 and an Enterprise Value of 5489056768. As of this moment, Zim’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 0.39. Its current Enterprise Value per Revenue stands at 0.651 whereas that against EBITDA is 2.143.
Stock Price History:
The Beta on a monthly basis for ZIM is 1.74, which has changed by 0.13513517 over the last 52 weeks, in comparison to a change of 0.042615533 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 $9.78. The 50-Day Moving Average of the stock is -25.18%, while the 200-Day Moving Average is calculated to be -32.02%.
Shares Statistics:
For the past three months, ZIM has traded an average of 6.55M shares per day and 6267840 over the past ten days. 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 52.73% stake in the company. Shares short for ZIM as of 1743379200 were 17387595 with a Short Ratio of 2.66, compared to 1740700800 on 14423496. Therefore, it implies a Short% of Shares Outstanding of 17387595 and a Short% of Float of 14.610000000000001.
Dividends & Splits
According to the company, the forward annual dividend rate for ZIM is 7.14, from 7.14 in the trailing year. Against a Trailing Annual Dividend Yield of 0.55135137
