Sims (OTCMKTS:SMSMY) Shares Pass Below 200-Day Moving Average of $10.21

Sims Limited (OTCMKTS:SMSMYGet Rating) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $10.21 and traded as low as $8.71. Sims shares last traded at $8.71, with a volume of 938 shares trading hands.

Analysts Set New Price Targets

Separately, Credit Suisse Group downgraded shares of Sims from an “outperform” rating to a “neutral” rating in a report on Wednesday, November 9th.

Sims Stock Up 1.2 %

The stock’s fifty day moving average price is $8.66 and its 200-day moving average price is $10.21. The company has a quick ratio of 0.98, a current ratio of 1.73 and a debt-to-equity ratio of 0.14.

Sims Increases Dividend

The business also recently declared a dividend, which was paid on Monday, October 31st. Stockholders of record on Tuesday, October 4th were issued a $0.1551 dividend. This represents a dividend yield of 4.92%. The ex-dividend date of this dividend was Monday, October 3rd. This is an increase from Sims’s previous dividend of $0.13.

Sims Company Profile

(Get Rating)

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.

Further Reading

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