Sims Metal Management (OTCMKTS:SMSMY – Get Free Report) was upgraded by research analysts at The Goldman Sachs Group from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.
Sims Metal Management Price Performance
SMSMY stock opened at $13.09 on Tuesday. Sims Metal Management has a 12-month low of $7.30 and a 12-month high of $16.95. The business’s 50-day moving average is $14.02 and its 200 day moving average is $11.42. The company has a current ratio of 1.66, a quick ratio of 1.13 and a debt-to-equity ratio of 0.20.
Sims Metal Management Company Profile
Sims Metal Management, trading over-the-counter under the symbol SMSMY, is the global metal recycling division of Sims Limited. Established in the early 20th century, the company has grown into one of the world’s leading recyclers of ferrous and non-ferrous metals. It serves a diverse customer base, including steel mills, foundries, manufacturers and fabricators, by collecting, processing and trading scrap metal commodities.
The company’s core activities encompass the sourcing and processing of end-of-life metal products.
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