Sims Limited (OTCMKTS:SMSMY - Get Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $9.16 and traded as high as $9.99. Sims shares last traded at $9.79, with a volume of 387 shares changing hands.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group lowered Sims from a "hold" rating to a "strong sell" rating in a research report on Friday, April 4th.
Read Our Latest Research Report on SMSMY
Sims Stock Performance
The company has a fifty day moving average price of $9.24 and a two-hundred day moving average price of $8.67. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.06 and a current ratio of 1.48.
Sims Increases Dividend
The firm also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 7th were given a dividend of $0.0633 per share. This is an increase from Sims's previous dividend of $0.06. The ex-dividend date was Friday, March 7th.
About Sims
(
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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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