Sims Limited (OTCMKTS:SMSMY - Get Free Report)'s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $9.03 and traded as high as $9.76. Sims shares last traded at $9.76, with a volume of 760 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group downgraded shares of Sims from a "hold" rating to a "strong sell" rating in a research report on Friday, April 4th.
Get Our Latest Analysis on Sims
Sims Stock Up 1.2%
The company's fifty day simple moving average is $9.14 and its 200 day simple moving average is $8.62. The company has a quick ratio of 1.06, a current ratio of 1.48 and a debt-to-equity ratio of 0.20.
Sims Increases Dividend
The business also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 7th were given a dividend of $0.0633 per share. The ex-dividend date of this dividend was Friday, March 7th. This is a boost from Sims's previous dividend of $0.06.
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.
Further Reading
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