Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Zim Integrated Shipping Services Ltd (NYSE: ZIM) was $15.35 for the day, up 4.28% from the previous closing price of $14.72. In other words, the price has increased by $4.28 from its previous closing price. On the day, 5.01 million shares were traded. ZIM stock price reached its highest trading level at $15.4 during the session, while it also had its lowest trading level at $14.235.
Ratios:
Our analysis of ZIM’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1849030400 and an Enterprise Value of 5769722880. As of this moment, Zim’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.86. 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 0.46. Its current Enterprise Value per Revenue stands at 0.685 whereas that against EBITDA is 2.253.
Stock Price History:
The Beta on a monthly basis for ZIM is 1.75, which has changed by 0.22603834 over the last 52 weeks, in comparison to a change of 0.09969199 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 $11.03. The 50-Day Moving Average of the stock is -8.33%, while the 200-Day Moving Average is calculated to be -19.35%.
Shares Statistics:
ZIM traded an average of 6.44M shares per day over the past three months and 3933210 shares per day 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 52.54% stake in the company. Shares short for ZIM as of 1744675200 were 21696503 with a Short Ratio of 3.37, compared to 1741910400 on 13008340. Therefore, it implies a Short% of Shares Outstanding of 21696503 and a Short% of Float of 18.22.
Dividends & Splits
With its trailing 12-month dividend rate of 7.14, ZIM has a forward annual dividend rate of 7.14. Against a Trailing Annual Dividend Yield of 0.48505434
