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Sims (OTCMKTS:SMSMY) Stock Passes Above 50 Day Moving Average - What's Next?

Sims logo with Business Services background

Sims Limited (OTCMKTS:SMSMY - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $9.24 and traded as high as $9.43. Sims shares last traded at $9.43, with a volume of 385 shares trading hands.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut Sims from a "hold" rating to a "strong sell" rating in a research note on Friday, April 4th.

Read Our Latest Analysis on SMSMY

Sims Trading Up 1.2%

The company has a quick ratio of 1.06, a current ratio of 1.48 and a debt-to-equity ratio of 0.20. The company has a 50 day moving average of $9.23 and a 200-day moving average of $8.71.

About Sims

(Get Free Report)

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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