Shares of Sims Metal Management Ltd. (OTCMKTS:SMSMY – Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $13.60, but opened at $14.40. Sims Metal Management shares last traded at $14.69, with a volume of 2,189 shares trading hands.
Sims Metal Management Trading Up 8.0%
The firm’s 50 day moving average price is $12.71 and its two-hundred day moving average price is $10.69. 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
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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