Sims Metal Management Ltd. (OTCMKTS:SMSMY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $11.85 and last traded at $11.85, with a volume of 423 shares changing hands. The stock had previously closed at $10.41.
Analyst Upgrades and Downgrades
SMSMY has been the subject of a number of recent analyst reports. The Goldman Sachs Group downgraded shares of Sims Metal Management from a "hold" rating to a "strong sell" rating in a research report on Friday, April 4th. Wall Street Zen raised shares of Sims Metal Management from a "hold" rating to a "buy" rating in a research report on Sunday, July 6th.
Check Out Our Latest Analysis on Sims Metal Management
Sims Metal Management Stock Performance
The company has a 50 day moving average of $9.98 and a 200-day moving average of $9.06.
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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