Sims (OTCMKTS:SMSMY) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Shares of Sims Limited (OTCMKTS:SMSMYGet Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $8.09 and traded as high as $8.82. Sims shares last traded at $8.79, with a volume of 1,304 shares traded.

Sims Stock Up 6.7 %

The company has a debt-to-equity ratio of 0.20, a current ratio of 1.48 and a quick ratio of 1.06. The business’s 50-day simple moving average is $8.09 and its 200 day simple moving average is $7.67.

About Sims

(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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