Sims Metal Management Ltd. (OTCMKTS:SMSMY - Get Free Report)'s share price gapped up prior to trading on Thursday . The stock had previously closed at $10.60, but opened at $11.60. Sims Metal Management shares last traded at $11.60, with a volume of 155 shares traded.
Analysts Set New Price Targets
A number of equities analysts have recently commented on SMSMY shares. Wall Street Zen lowered Sims Metal Management from a "buy" rating to a "hold" rating in a report on Saturday, July 12th. The Goldman Sachs Group downgraded Sims Metal Management from a "hold" rating to a "strong sell" rating in a research report on Friday, April 4th.
View Our Latest Analysis on Sims Metal Management
Sims Metal Management Trading Up 9.4%
The stock has a 50-day simple moving average of $10.06 and a two-hundred day simple moving average of $9.16. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.99 and a current ratio of 1.55.
Sims Metal Management Company Profile
(
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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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