Sims Limited (OTCMKTS:SMSMY - Get Free Report) shares 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.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group downgraded Sims from a "hold" rating to a "strong sell" rating in a research report on Friday, April 4th.
Check Out Our Latest Stock Analysis on SMSMY
Sims Stock Down 0.6%
The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.06 and a current ratio of 1.48. The stock has a 50-day moving average price of $9.23 and a 200-day moving average price of $8.69.
Sims Company Profile
(
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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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