Sims Metal Management (OTCMKTS:SMSMY) Shares Gap Down – What’s Next?

Sims Metal Management Ltd. (OTCMKTS:SMSMY – Get Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $16.20, but opened at $14.2960. Sims Metal Management shares last traded at $14.2960, with a volume of 250 shares trading hands.

Sims Metal Management Trading Down 7.7%

The company has a quick ratio of 1.13, a current ratio of 1.66 and a debt-to-equity ratio of 0.20. The business’s fifty day moving average is $13.82 and its 200 day moving average is $11.23.

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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