Shares of Sims Metal Management Ltd. (OTCMKTS:SMSMY - Get Free Report) gapped up before the market opened 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.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the stock. The Goldman Sachs Group downgraded shares of Sims Metal Management from a "hold" rating to a "strong sell" rating in a research report on Friday, April 4th. Wall Street Zen downgraded shares of Sims Metal Management from a "buy" rating to a "hold" rating in a research report on Friday.
Read Our Latest Report on Sims Metal Management
Sims Metal Management Stock Performance
The company's 50 day simple moving average is $10.10 and its 200-day simple moving average is $9.24. The company has a quick ratio of 0.99, a current ratio of 1.55 and a debt-to-equity ratio of 0.11.
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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