Citigroup Inc. Reiterates “Neutral” Rating for Sims Metal Management (SGM)
Sims Metal Management (ASX:SGM) traded up 1.12% on Thursday, hitting A$9.950. 174,178 shares of the company’s stock traded hands. Sims Metal Management has a one year low of A$8.110 and a one year high of A$11.170. The stock has a 50-day moving average of A$9.57 and a 200-day moving average of A$9.94. The company’s market cap is A$2.034 billion.
Sims Metal Management Limited is engaged in ferrous secondary recycling, non-ferrous secondary recycling, recycling solutions, and secondary processing and other services.
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