Sims Metal Management Ltd. (OTCMKTS:SMSMY - Get Free Report) shares 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 traded.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group lowered Sims Metal Management from a "hold" rating to a "strong sell" rating in a report on Friday, April 4th.
Check Out Our Latest Analysis on Sims Metal Management
Sims Metal Management Stock Performance
The business has a 50-day simple moving average of $9.64 and a two-hundred day simple moving average of $8.88.
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.