Wall Street Zen upgraded shares of Sims Metal Management (OTCMKTS:SMSMY - Free Report) from a hold rating to a buy rating in a research note issued to investors on Sunday morning.
Separately, The Goldman Sachs Group downgraded shares of Sims Metal Management from a "hold" rating to a "strong sell" rating in a report on Friday, April 4th.
Check Out Our Latest Report on Sims Metal Management
Sims Metal Management Stock Performance
Shares of SMSMY remained flat at $10.41 during trading hours on Friday. The stock had a trading volume of 3 shares, compared to its average volume of 607. Sims Metal Management has a 12 month low of $6.34 and a 12 month high of $10.41. The business's fifty day simple moving average is $9.92 and its two-hundred day simple moving average is $9.02.
About Sims Metal Management
(
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.
Read More
Before you consider Sims Metal Management, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sims Metal Management wasn't on the list.
While Sims Metal Management currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.