Shares of Sims Metal Management Ltd. (OTCMKTS:SMSMY - Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty 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 Analysts Forecast Growth
Several analysts have recently weighed in on SMSMY shares. Wall Street Zen upgraded shares of Sims Metal Management from a "hold" rating to a "buy" rating in a research report on Sunday, July 6th. The Goldman Sachs Group cut shares of Sims Metal Management from a "hold" rating to a "strong sell" rating in a research report on Friday, April 4th.
Get Our Latest Stock Analysis on Sims Metal Management
Sims Metal Management Stock Performance
The business has a 50 day moving average of $9.98 and a 200-day 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.
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