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The price of Zim Integrated Shipping Services Ltd (NYSE: ZIM) closed at $19.70 in the last session, up 6.31% from day before closing price of $18.53. In other words, the price has increased by $6.31 from its previous closing price. On the day, 4.75 million shares were traded. ZIM stock price reached its highest trading level at $19.75 during the session, while it also had its lowest trading level at $18.42.
Ratios:
We take a closer look at ZIM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.33. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 1.94 whereas as Long-Term Debt/Eq ratio is at 1.41.
On June 06, 2024, Citigroup Downgraded its rating to Sell which previously was Neutral but kept the price unchanged to $13.
Jefferies Upgraded its Hold to Buy on January 29, 2024, whereas the target price for the stock was revised from $14 to $20.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 21 ’24 when Ben-Amram Eyal bought 10,000 shares for $22.54 per share.
Tiran Assaf bought 35,000 shares of ZIM for $788,900 on Aug 21 ’24.
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 2370993664 and an Enterprise Value of 6379893248. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 1.068 whereas that against EBITDA is 35.742.
Stock Price History:
Over the past 52 weeks, ZIM has reached a high of $23.82, while it has fallen to a 52-week low of $6.39. The 50-Day Moving Average of the stock is 5.73%, while the 200-Day Moving Average is calculated to be 32.54%.
Shares Statistics:
According to the various share statistics, ZIM traded on average about 4.88M shares per day over the past 3-months and 4490050 shares per day over the past 10 days. A total of 120.29M shares are outstanding, with a floating share count of 94.22M. Insiders hold about 21.71% of the company’s shares, while institutions hold 40.56% stake in the company. Shares short for ZIM as of 1724976000 were 16021698 with a Short Ratio of 3.28, compared to 1722384000 on 12872764. Therefore, it implies a Short% of Shares Outstanding of 16021698 and a Short% of Float of 17.0.
Dividends & Splits
The forward annual dividend rate for ZIM is 1.16, which was 1.16 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.06260119
