Sims Metal Management (OTCMKTS:SMSMY) Stock Rating Upgraded by Wall Street Zen

Sims Metal Management (OTCMKTS:SMSMY) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Thursday.

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

Sims Metal Management Trading Down 2.6%

Shares of OTCMKTS:SMSMY opened at $10.52 on Thursday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.99 and a current ratio of 1.55. The firm has a fifty day moving average price of $10.14 and a 200 day moving average price of $9.28. Sims Metal Management has a fifty-two week low of $6.34 and a fifty-two week high of $11.85.

Sims Metal Management Company Profile

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.