Sims Metal Management Ltd. (OTCMKTS:SMSMY - Get Free Report)'s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $10.10 and traded as high as $10.80. Sims Metal Management shares last traded at $10.80, with a volume of 981 shares trading hands.
Analyst Upgrades and Downgrades
A number of research firms recently commented on SMSMY. The Goldman Sachs Group lowered 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 raised shares of Sims Metal Management from a "hold" rating to a "buy" rating in a report on Thursday.
Check Out Our Latest Research Report on Sims Metal Management
Sims Metal Management Stock Up 10.7%
The company has a quick ratio of 0.99, a current ratio of 1.55 and a debt-to-equity ratio of 0.11. The company has a fifty day simple moving average of $10.14 and a two-hundred day simple moving average of $9.28.
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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