Stock Surge: Zim Integrated Shipping Services Ltd (ZIM) Closes at 23.78, Marking a -1.86 Increase/Decrease

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In the latest session, Zim Integrated Shipping Services Ltd (NYSE: ZIM) closed at $23.78 down -1.86% from its previous closing price of $24.23. In other words, the price has decreased by -$1.86 from its previous closing price. On the day, 8.38 million shares were traded. ZIM stock price reached its highest trading level at $25.0 during the session, while it also had its lowest trading level at $23.75.

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 1.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.32. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 1.49 whereas as Long-Term Debt/Eq ratio is at 1.11.

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 Nov 22 ’24 when Kenon Holdings Ltd. bought 14,843,478 shares for $24.23 per share.

Ben-Amram Eyal bought 10,000 shares of ZIM for $267,800 on Nov 20 ’24. On Sep 27 ’24, another insider, Ben-Amram Eyal, who serves as the Officer of the company, bought 10,000 shares for $23.52 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 2862850560 and an Enterprise Value of 7259687936. As of this moment, Zim’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.99, and their Forward P/E ratio for the next fiscal year is 15.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 1.215 whereas that against EBITDA is 40.671.

Stock Price History:

Over the past 52 weeks, ZIM has reached a high of $30.15, while it has fallen to a 52-week low of $6.39. The 50-Day Moving Average of the stock is 4.42%, while the 200-Day Moving Average is calculated to be 34.34%.

Shares Statistics:

For the past three months, ZIM has traded an average of 6.10M shares per day and 8666170 over the past ten days. A total of 120.29M shares are outstanding, with a floating share count of 99.23M. Insiders hold about 17.55% of the company’s shares, while institutions hold 46.85% stake in the company. Shares short for ZIM as of 1730332800 were 12746694 with a Short Ratio of 2.09, compared to 1727654400 on 15740093. Therefore, it implies a Short% of Shares Outstanding of 12746694 and a Short% of Float of 13.530000000000001.

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