Sims Limited (OTCMKTS:SMSMY – Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $9.16 and traded as high as $9.99. Sims shares last traded at $9.79, with a volume of 387 shares changing hands.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group lowered shares of Sims from a “hold” rating to a “strong sell” rating in a research report on Friday, April 4th.
Read Our Latest Analysis on Sims
Sims Stock Down 1.5%
Sims Increases Dividend
The firm also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 7th were issued a $0.0633 dividend. This is a boost from Sims’s previous dividend of $0.06. The ex-dividend date of this dividend was Friday, March 7th.
About Sims
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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