Sims Metal Management Ltd. (OTCMKTS:SMSMY – Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $15.11, but opened at $16.95. Sims Metal Management shares last traded at $16.08, with a volume of 811 shares traded.
Sims Metal Management Stock Up 2.0%
The company has a debt-to-equity ratio of 0.20, a current ratio of 1.66 and a quick ratio of 1.13. The company has a 50-day simple moving average of $13.60 and a 200-day simple moving average of $11.09.
About Sims Metal Management
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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