Stock Surge: ZipRecruiter Inc (ZIP) Closes at 9.42, Marking a -1.36 Increase/Decrease

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In the latest session, ZipRecruiter Inc (NYSE: ZIP) closed at $9.42 down -1.36% from its previous closing price of $9.55. In other words, the price has decreased by -$1.36 from its previous closing price. On the day, 0.56 million shares were traded. ZIP stock price reached its highest trading level at $9.75 during the session, while it also had its lowest trading level at $9.39.

Ratios:

For a deeper understanding of ZipRecruiter Inc’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 1.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.77. For the most recent quarter (mrq), Quick Ratio is recorded 7.44 and its Current Ratio is at 7.44. In the meantime, Its Debt-to-Equity ratio is 22.71 whereas as Long-Term Debt/Eq ratio is at 22.52.

On January 19, 2024, Goldman Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $15.

On November 20, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $15.Wells Fargo initiated its Overweight rating on November 20, 2023, with a $15 target price.

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 Aug 20 ’24 when SAKAMOTO RYAN T. sold 1,489 shares for $9.04 per share. The transaction valued at 13,461 led to the insider holds 100,030 shares of the business.

YARBROUGH TIMOTHY G. sold 6,607 shares of ZIP for $58,933 on Aug 20 ’24. The EVP & CHIEF FINANCIAL OFFICER now owns 156,471 shares after completing the transaction at $8.92 per share. On Jul 26 ’24, another insider, TRAVERS DAVID, who serves as the PRESIDENT of the company, sold 118 shares for $9.23 each. As a result, the insider received 1,089 and left with 1,096,053 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZIP now has a Market Capitalization of 948678784 and an Enterprise Value of 967281408. As of this moment, ZipRecruiter’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.74 while its Price-to-Book (P/B) ratio in mrq is 38.24. Its current Enterprise Value per Revenue stands at 1.8 whereas that against EBITDA is 15.137.

Stock Price History:

Over the past 52 weeks, ZIP has reached a high of $16.21, while it has fallen to a 52-week low of $7.21. The 50-Day Moving Average of the stock is 7.86%, while the 200-Day Moving Average is calculated to be -16.97%.

Shares Statistics:

For the past three months, ZIP has traded an average of 536.46K shares per day and 501270 over the past ten days. A total of 76.17M shares are outstanding, with a floating share count of 63.57M. Insiders hold about 36.01% of the company’s shares, while institutions hold 56.23% stake in the company. Shares short for ZIP as of 1723680000 were 3330546 with a Short Ratio of 6.21, compared to 1721001600 on 3310352. Therefore, it implies a Short% of Shares Outstanding of 3330546 and a Short% of Float of 6.950000000000001.

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