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Sims (OTCMKTS:SMSMY) Stock Crosses Above 50-Day Moving Average - Here's Why

Sims logo with Business Services background

Shares of Sims Limited (OTCMKTS:SMSMY - Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $8.08 and traded as high as $8.96. Sims shares last traded at $8.63, with a volume of 1,447 shares trading hands.

Sims Stock Performance

The firm's 50-day simple moving average is $8.08 and its 200 day simple moving average is $7.73. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.06 and a current ratio of 1.48.

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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