Sims Metal Management (OTCMKTS:SMSMY) Hits New 52-Week High – Should You Buy?

by · The Cerbat Gem

Sims Metal Management Ltd. (OTCMKTS:SMSMY – Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as $16.00 and last traded at $16.00, with a volume of 559 shares. The stock had previously closed at $14.5025.

Sims Metal Management Stock Performance

The firm has a 50 day moving average of $13.52 and a 200-day moving average of $11.06. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.13 and a current ratio of 1.66.

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.

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