Sims Metal Management (OTCMKTS:SMSMY) Hits New 1-Year High – Still a Buy?

Sims Metal Management Ltd. (OTCMKTS:SMSMYGet Free Report)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $16.00 and last traded at $16.00, with a volume of 559 shares traded. The stock had previously closed at $14.5025.

Sims Metal Management Trading Down 2.2%

The company has a quick ratio of 1.13, a current ratio of 1.66 and a debt-to-equity ratio of 0.20. The business has a fifty day moving average price of $13.75 and a 200 day moving average price of $11.17.

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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