Deutsche Bank AG upgraded shares of Sims Metal Management Ltd. (OTCMKTS:SMSMY) from a sell rating to a hold rating in a report published on Thursday morning, The Fly reports.
Sims Metal Management (OTCMKTS:SMSMY) opened at 6.95 on Thursday. The firm’s market cap is $1.37 billion. Sims Metal Management has a one year low of $4.29 and a one year high of $7.92. The firm’s 50-day moving average price is $7.00 and its 200 day moving average price is $6.54.
Sims Metal Management Company Profile
Sims Metal Management Limited is a metals and electronics recycler. The Company operates through four segments: North America Metals, Australia/New Zealand (ANZ) Metals, Europe Metals and Global E-Recycling. The North America Metals segment includes the subsidiaries and joint ventures in the United States and Canada, which perform ferrous and non-ferrous secondary recycling functions.
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