Sims Metal Management (OTCMKTS:SMSMY) Reaches New 12-Month High – Still a Buy?

Sims Metal Management Ltd. (OTCMKTS:SMSMYGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $16.00 and last traded at $16.00, with a volume of 559 shares trading hands. The stock had previously closed at $14.5025.

Sims Metal Management Price Performance

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

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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