Sims (OTCMKTS:SMSMY) Share Price Passes Above 50 Day Moving Average – Here’s Why

Sims Limited (OTCMKTS:SMSMYGet Free Report) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $8.08 and traded as high as $8.96. Sims shares last traded at $8.63, with a volume of 1,447 shares changing hands.

Sims Price Performance

The company’s 50-day simple moving average is $8.10 and its 200-day simple moving average is $7.75. The company has a current ratio of 1.48, a quick ratio of 1.06 and a debt-to-equity ratio of 0.20.

Sims Company Profile

(Get Free Report)

Sims Limited engages in buying, processing, and selling ferrous and non-ferrous recycled metals in Australia, Bangladesh, China, Turkey, the United States, and internationally. The company operates through six segments: North America Metals, Investment in SA Recycling, Australia/New Zealand Metals, UK Metals, Global Trading, and Sims Lifecycle Services.

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