Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Zim Integrated Shipping Services Ltd (NYSE: ZIM) closed at $13.49 in the last session, down -16.37% from day before closing price of $16.13. In other words, the price has decreased by -$16.37 from its previous closing price. On the day, 11.54 million shares were traded. ZIM stock price reached its highest trading level at $14.6 during the session, while it also had its lowest trading level at $13.33.
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 0.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.53. 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:
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 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 1624978432 and an Enterprise Value of 5545671680. As of this moment, Zim’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.76. 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 0.40. Its current Enterprise Value per Revenue stands at 0.658 whereas that against EBITDA is 2.165.
Stock Price History:
The Beta on a monthly basis for ZIM is 1.75, which has changed by 0.20878136 over the last 52 weeks, in comparison to a change of 0.036926866 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 $9.38. The 50-Day Moving Average of the stock is -26.95%, while the 200-Day Moving Average is calculated to be -31.09%.
Shares Statistics:
According to the various share statistics, ZIM traded on average about 6.31M shares per day over the past 3-months and 7854740 shares per day over the past 10 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 52.77% stake in the company. Shares short for ZIM as of 1741910400 were 13008340 with a Short Ratio of 2.06, 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
The forward annual dividend rate for ZIM is 7.14, which was 7.14 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.44265345
