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Sims Metal Management (OTCMKTS:SMSMY) Reaches New 52-Week High - Time to Buy?

Sims Metal Management logo with Business Services background

Sims Metal Management Ltd. (OTCMKTS:SMSMY - Get Free Report)'s stock price hit a new 52-week high 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.

Wall Street Analysts Forecast Growth

SMSMY has been the subject of several analyst reports. The Goldman Sachs Group downgraded Sims Metal Management from a "hold" rating to a "strong sell" rating in a report on Friday, April 4th. Wall Street Zen downgraded Sims Metal Management from a "buy" rating to a "hold" rating in a report on Saturday.

View Our Latest Analysis on Sims Metal Management

Sims Metal Management Price Performance

The firm has a fifty day moving average of $10.00 and a 200 day moving average of $9.12. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.55 and a quick ratio of 0.99.

Sims Metal Management Company Profile

(Get Free Report)

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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