Sims Metal Management (OTCMKTS:SMSMY) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Sims Metal Management (OTCMKTS:SMSMYFree Report) from a hold rating to a buy rating in a research note published on Sunday morning.

Separately, The Goldman Sachs Group cut Sims Metal Management from a “hold” rating to a “strong sell” rating in a report on Friday, April 4th.

Read Our Latest Analysis on Sims Metal Management

Sims Metal Management Price Performance

SMSMY stock opened at $10.41 on Friday. Sims Metal Management has a twelve month low of $6.34 and a twelve month high of $10.41. The business’s 50-day moving average price is $9.87 and its 200-day moving average price is $8.99.

Sims Metal Management 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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