Shares of Sims Metal Management Ltd. (OTCMKTS:SMSMY - Get Free Report) hit a new 52-week high on Thursday . The company traded as high as $10.41 and last traded at $10.41, with a volume of 3451 shares trading hands. The stock had previously closed at $9.85.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group downgraded 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 Up 5.7%
The stock has a fifty day moving average of $9.81 and a 200-day moving average of $8.94.
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.
Further Reading
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