Sims Metal Management Ltd. (OTCMKTS:SMSMY - Get Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $8.93, but opened at $9.25. Sims Metal Management shares last traded at $9.25, with a volume of 1,806 shares trading hands.
Analyst Ratings Changes
Separately, Wall Street Zen cut Sims Metal Management from a "buy" rating to a "hold" rating in a report on Sunday, August 3rd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Sell".
Read Our Latest Analysis on Sims Metal Management
Sims Metal Management Trading Up 3.6%
The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.99 and a current ratio of 1.55. The company's 50 day simple moving average is $10.22 and its two-hundred day simple moving average is $9.58.
About Sims Metal Management
(
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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.
Further Reading
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