Sims Metal Management Ltd. (OTCMKTS:SMSMY - Get Free Report) saw strong trading volume on Monday . 3,794 shares were traded during mid-day trading, an increase of 82% from the previous session's volume of 2,083 shares.The stock last traded at $10.80 and had previously closed at $10.81.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on the stock. Wall Street Zen lowered shares of Sims Metal Management from a "buy" rating to a "hold" rating in a report on Saturday, July 12th. The Goldman Sachs Group lowered shares of Sims Metal Management from a "hold" rating to a "strong sell" rating in a report on Friday, April 4th.
Get Our Latest Stock Analysis on Sims Metal Management
Sims Metal Management Trading Up 9.4%
The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.99 and a current ratio of 1.55. The stock's 50-day simple moving average is $10.06 and its two-hundred day simple moving average is $9.16.
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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