Sims Metal Management Ltd. (OTCMKTS:SMSMY – Get Free Report)’s share price was down 5.7% during mid-day trading on Wednesday . The stock traded as low as $13.15 and last traded at $13.15. Approximately 231 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 4,748 shares. The stock had previously closed at $13.95.
Sims Metal Management Stock Down 6.2%
The firm has a 50 day moving average price of $14.00 and a two-hundred day moving average price of $11.41. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.66 and a quick ratio of 1.13.
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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