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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) 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.

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