Sims Metal Management (OTCMKTS:SMSMY) Stock Rating Lowered by Wall Street Zen

Key Points

• Sims Metal Management has been downgraded from a "buy" to a "hold" rating by investment analysts at Wall Street Zen.
• The company's stock opened at $11.00, with a 1-year price range between $6.34 and $11.85.
• Sims Metal Management specializes in buying, processing, and selling ferrous and non-ferrous recycled metals in multiple countries, including the United States and Australia.

Sims Metal Management (OTCMKTS:SMSMY - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a note issued to investors on Sunday.

Sims Metal Management Stock Performance

Shares of OTCMKTS:SMSMY opened at $11.00 on Friday. Sims Metal Management has a 1-year low of $6.34 and a 1-year high of $11.85. The business's 50 day moving average is $10.28 and its 200-day moving average is $9.43. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.55 and a quick ratio of 0.99.

About Sims Metal Management

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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