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Sims Metal Management (OTCMKTS:SMSMY) Raised to "Buy" at Wall Street Zen

Sims Metal Management logo with Business Services background

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

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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.

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