Sims Metal Management Ltd. (OTCMKTS:SMSMY - Get Free Report) shares passed 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 changing hands.
Wall Street Analyst Weigh In
SMSMY has been the subject of a number of research analyst reports. Wall Street Zen raised shares of Sims Metal Management from a "hold" rating to a "buy" rating in a research note on Sunday, July 6th. The Goldman Sachs Group lowered Sims Metal Management from a "hold" rating to a "strong sell" rating in a report on Friday, April 4th.
View Our Latest Stock Report on Sims Metal Management
Sims Metal Management Price Performance
The company has a 50 day simple moving average of $9.98 and a 200 day simple moving average of $9.06.
About Sims Metal Management
(
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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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