Shares of Sims Metal Management Ltd. (OTCMKTS:SMSMY - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 3,794 shares changed hands during 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.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on SMSMY shares. The Goldman Sachs Group cut shares of Sims Metal Management from a "hold" rating to a "strong sell" rating in a research note on Friday, April 4th. Wall Street Zen cut shares of Sims Metal Management from a "buy" rating to a "hold" rating in a research note on Saturday.
Read Our Latest Research Report on SMSMY
Sims Metal Management Stock Performance
The company has a quick ratio of 0.99, a current ratio of 1.55 and a debt-to-equity ratio of 0.11. The business has a 50-day moving average of $10.00 and a 200-day moving average of $9.12.
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.
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