Sims Metal Management Ltd. (OTCMKTS:SMSMY – Get Free Report)’s share price shot up 4.4% on Tuesday . The company traded as high as $12.7750 and last traded at $12.7750. 3,236 shares were traded during trading, an increase of 34% from the average session volume of 2,417 shares. The stock had previously closed at $12.24.
Sims Metal Management Stock Up 5.2%
The company has a 50 day moving average of $10.42 and a 200 day moving average of $10.00. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.66 and a quick ratio of 1.13.
Sims Metal Management Dividend Announcement
The business also recently announced a dividend, which was paid on Monday, October 27th. Investors of record on Thursday, October 2nd were issued a $0.0688 dividend. This represents a yield of 134.0%. The ex-dividend date was Wednesday, October 1st.
About Sims Metal Management
Sims Metal Management, trading over-the-counter under the symbol SMSMY, is the global metal recycling division of Sims Limited. Established in the early 20th century, the company has grown into one of the world’s leading recyclers of ferrous and non-ferrous metals. It serves a diverse customer base, including steel mills, foundries, manufacturers and fabricators, by collecting, processing and trading scrap metal commodities.
The company’s core activities encompass the sourcing and processing of end-of-life metal products.
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