Sims Metal Management (OTCMKTS:SMSMY) Shares Gap Down – Here’s What Happened

by · The Markets Daily

Shares of Sims Metal Management Ltd. (OTCMKTS:SMSMY – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $11.0750, but opened at $10.50. Sims Metal Management shares last traded at $10.50, with a volume of 261 shares changing hands.

Sims Metal Management Stock 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 company has a 50 day moving average price of $9.76 and a 200 day moving average price of $9.83.

Sims Metal Management Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, October 27th. Shareholders of record on Thursday, October 2nd were issued a $0.0688 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a yield of 134.0%.

About Sims Metal Management

(Get Free Report)

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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