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Sims Metal Management (OTCMKTS:SMSMY) Shares Gap Down - Time to Sell?

Sims Metal Management logo with Business Services background

Sims Metal Management Ltd. (OTCMKTS:SMSMY - Get Free Report)'s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $9.76, but opened at $9.39. Sims Metal Management shares last traded at $9.39, with a volume of 100 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group cut Sims Metal Management from a "hold" rating to a "strong sell" rating in a research note on Friday, April 4th.

Read Our Latest Report on Sims Metal Management

Sims Metal Management Stock Performance

The business's 50 day simple moving average is $9.73 and its two-hundred day simple moving average is $8.90.

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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