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Sims Metal Management (OTCMKTS:SMSMY) Lowered to Hold Rating by Wall Street Zen

Sims Metal Management logo with Business Services background

Sims Metal Management (OTCMKTS:SMSMY - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Saturday.

Separately, The Goldman Sachs Group lowered shares of Sims Metal Management from a "hold" rating to a "strong sell" rating in a research report on Friday, April 4th.

Read Our Latest Analysis on SMSMY

Sims Metal Management Stock Performance

Shares of OTCMKTS:SMSMY remained flat at $10.81 on Friday. The stock had a trading volume of 117 shares, compared to its average volume of 669. The stock's fifty day moving average is $10.00 and its 200-day moving average is $9.09. Sims Metal Management has a twelve month low of $6.34 and a twelve month high of $11.85.

Sims Metal Management Company Profile

(Get Free Report)

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.

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