Sims Metal Management (OTCMKTS:SMSMY) Sees Unusually-High Trading Volume – Here’s What Happened

Sims Metal Management Ltd. (OTCMKTS:SMSMYGet Free Report) saw unusually-high trading volume on Friday . Approximately 3,539 shares traded hands during mid-day trading, an increase of 46% from the previous session’s volume of 2,432 shares.The stock last traded at $12.06 and had previously closed at $12.20.

Sims Metal Management Trading Down 1.1%

The company has a 50-day moving average of $10.93 and a 200-day moving average of $10.12. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.13 and a current ratio of 1.66.

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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