Sims Metal Management Ltd. (OTCMKTS:SMSMY - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $9.98 and traded as high as $11.85. Sims Metal Management shares last traded at $10.81, with a volume of 1,136 shares.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on SMSMY. Wall Street Zen downgraded shares of Sims Metal Management from a "buy" rating to a "hold" rating in a research report on Saturday. The Goldman Sachs Group cut shares of Sims Metal Management from a "hold" rating to a "strong sell" rating in a report on Friday, April 4th.
Check Out Our Latest Stock Report on SMSMY
Sims Metal Management Stock Performance
The company has a debt-to-equity ratio of 0.11, a current ratio of 1.55 and a quick ratio of 0.99. The firm's 50 day simple moving average is $10.00 and its 200-day simple moving average is $9.12.
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.
Further Reading
Before you consider Sims Metal Management, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sims Metal Management wasn't on the list.
While Sims Metal Management currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
