Sims Metal Management (OTCMKTS:SMSMY) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Sims Metal Management Ltd. (OTCMKTS:SMSMYGet Free Report)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $11.70 and traded as high as $13.49. Sims Metal Management shares last traded at $12.95, with a volume of 1,219 shares traded.

Sims Metal Management Price Performance

The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.13 and a current ratio of 1.66. The stock’s 50-day moving average is $11.70 and its 200 day moving average is $10.39.

About Sims Metal Management

(Get Free Report)

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.

Further Reading

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