Sims Metal Management Ltd. (OTCMKTS:SMSMY – Get Free Report)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $17.01, but opened at $17.80. Sims Metal Management shares last traded at $17.80, with a volume of 520 shares.
Analyst Ratings Changes
A number of research analysts have commented on the stock. Zacks Research upgraded shares of Sims Metal Management from a “strong sell” rating to a “hold” rating in a research note on Monday, June 22nd. Jefferies Financial Group raised Sims Metal Management from a “moderate sell” rating to a “hold” rating in a report on Wednesday, June 17th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.
View Our Latest Stock Analysis on SMSMY
Sims Metal Management Trading Up 4.6%
About Sims Metal Management
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.
Read More
- Five stocks we like better than Sims Metal Management
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
- Plugging In: How Kinder Morgan Powers Up Profits
Receive News & Ratings for Sims Metal Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sims Metal Management and related companies with MarketBeat.com's FREE daily email newsletter.
