Sims Metal Management (OTCMKTS:SMSMY) Shares Gap Down – What’s Next?

Sims Metal Management Ltd. (OTCMKTS:SMSMYGet Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $11.0750, but opened at $10.50. Sims Metal Management shares last traded at $10.50, with a volume of 261 shares trading hands.

Sims Metal Management Price Performance

The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.13 and a current ratio of 1.66. The firm’s 50 day moving average price is $9.62 and its two-hundred day moving average price is $9.80.

Sims Metal Management Announces Dividend

The business also recently announced a dividend, which was paid on Monday, October 27th. Investors of record on Thursday, October 2nd were given a dividend of $0.0688 per share. This represents a dividend yield of 134.0%. The ex-dividend date was Wednesday, October 1st.

About Sims Metal Management

(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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