Sims Metal Management (OTCMKTS:SMSMY - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report released on Thursday.
Separately, 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.
Check Out Our Latest Report on Sims Metal Management
Sims Metal Management Stock Performance
Shares of OTCMKTS SMSMY traded down $1.13 during mid-day trading on Thursday, hitting $10.52. 106 shares of the company's stock traded hands, compared to its average volume of 1,056. The company's 50-day moving average is $10.18 and its two-hundred day moving average is $9.34. 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 has a 1 year low of $6.34 and a 1 year high of $11.85.
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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