Sims Limited (OTCMKTS:SMSMY - Get Free Report) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 900 shares, a decline of 52.6% from the December 31st total of 1,900 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 1.8 days.
Sims Price Performance
Sims stock traded up $0.20 during mid-day trading on Wednesday, hitting $8.05. 7,397 shares of the company traded hands, compared to its average volume of 1,509. Sims has a one year low of $6.34 and a one year high of $9.70. The company has a current ratio of 1.48, a quick ratio of 1.06 and a debt-to-equity ratio of 0.20. The stock has a fifty day moving average price of $8.09 and a 200-day moving average price of $7.78.
Sims Company Profile
(
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Sims, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sims wasn't on the list.
While Sims currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
