Wall Street Zen lowered shares of Sims Metal Management (OTCMKTS:SMSMY - Free Report) from a buy rating to a hold rating in a research note released on Saturday morning.
Separately, The Goldman Sachs Group downgraded Sims Metal Management from a "hold" rating to a "strong sell" rating in a research report on Friday, April 4th.
View Our Latest Stock Analysis on Sims Metal Management
Sims Metal Management Price Performance
OTCMKTS SMSMY traded up $0.02 on Friday, reaching $10.82. The company had a trading volume of 796 shares, compared to its average volume of 2,112. The company's fifty day moving average is $10.02 and its 200 day moving average is $9.14. Sims Metal Management has a 52-week low of $6.34 and a 52-week high of $11.85. The company has a current ratio of 1.55, a quick ratio of 0.99 and a debt-to-equity ratio of 0.11.
Sims Metal Management Company Profile
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Sims Limited engages in buying, processing, and selling ferrous and non-ferrous recycled metals in Australia, Bangladesh, China, Turkey, the United States, and internationally. The company operates through six segments: North America Metals, Investment in SA Recycling, Australia/New Zealand Metals, UK Metals, Global Trading, and Sims Lifecycle Services.
Further Reading
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