Sims Metal Management (OTCMKTS:SMSMY) Hits New 52-Week High – What’s Next?

Sims Metal Management Ltd. (OTCMKTS:SMSMYGet Free Report)’s share price reached a new 52-week high on Monday . The stock traded as high as $13.95 and last traded at $13.95, with a volume of 566 shares trading hands. The stock had previously closed at $13.5375.

Sims Metal Management Stock Performance

The company has a current ratio of 1.66, a quick ratio of 1.13 and a debt-to-equity ratio of 0.20. The company’s 50-day moving average price is $11.89 and its 200 day moving average price is $10.45.

About Sims Metal Management

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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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