Sims (OTCMKTS:SMSMY) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Shares of Sims Limited (OTCMKTS:SMSMY) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $9.42 and traded as high as $10.09. Sims shares last traded at $10.09, with a volume of 507 shares.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut Sims from a “hold” rating to a “strong sell” rating in a report on Friday, April 4th.

Sims Trading Down 0.1%

The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.06 and a current ratio of 1.48. The stock’s 50-day simple moving average is $9.42 and its two-hundred day simple moving average is $8.81.

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.