Shares of Sims Metal Management Ltd. (OTCMKTS:SMSMY - Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $9.78 and traded as high as $10.41. Sims Metal Management shares last traded at $10.41, with a volume of 3,451 shares traded.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group cut Sims Metal Management from a "hold" rating to a "strong sell" rating in a research report on Friday, April 4th.
Get Our Latest Analysis on Sims Metal Management
Sims Metal Management Stock Performance
The firm has a 50-day moving average of $9.87 and a 200 day moving average of $8.98.
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.
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