Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
As of close of business last night, Zim Integrated Shipping Services Ltd’s stock clocked out at $21.45, down -4.62% from its previous closing price of $22.49. In other words, the price has decreased by -$4.62 from its previous closing price. On the day, 5.05 million shares were traded. ZIM stock price reached its highest trading level at $23.0 during the session, while it also had its lowest trading level at $21.36.
Ratios:
To gain a deeper understanding of ZIM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.17. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 2582344192 and an Enterprise Value of 7259687936. As of this moment, Zim’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.80, and their Forward P/E ratio for the next fiscal year is 7.10. 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 0.33 while its Price-to-Book (P/B) ratio in mrq is 0.66. Its current Enterprise Value per Revenue stands at 1.215 whereas that against EBITDA is 40.671.
Stock Price History:
The Beta on a monthly basis for ZIM is 1.69, which has changed by 0.74883354 over the last 52 weeks, in comparison to a change of 0.24933672 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 $8.73. The 50-Day Moving Average of the stock is -1.46%, while the 200-Day Moving Average is calculated to be 16.87%.
Shares Statistics:
It appears that ZIM traded 6.52M shares on average per day over the past three months and 3929210 shares per day over the past ten days. A total of 120.39M shares are outstanding, with a floating share count of 99.23M. Insiders hold about 17.55% of the company’s shares, while institutions hold 46.79% stake in the company. Shares short for ZIM as of 1730332800 were 12746694 with a Short Ratio of 1.63, compared to 1727654400 on 15740093. Therefore, it implies a Short% of Shares Outstanding of 12746694 and a Short% of Float of 13.530000000000001.
