Sims Metal Management (OTCMKTS:SMSMY) Sets New 1-Year High – Here’s Why

Sims Metal Management Ltd. (OTCMKTS:SMSMYGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $12.88 and last traded at $12.88, with a volume of 9268 shares trading hands. The stock had previously closed at $12.40.

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 stock’s fifty day moving average is $11.06 and its two-hundred day moving average is $10.16.

Sims Metal Management Company Profile

(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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