Sims (OTCMKTS:SMSMY) Cut to Strong Sell at The Goldman Sachs Group

Sims (OTCMKTS:SMSMY) was downgraded by stock analysts at The Goldman Sachs Group from a “hold” rating to a “strong sell” rating in a note issued to investors on Friday,Zacks.com reports.

Sims Price Performance

Shares of OTCMKTS SMSMY opened at $8.33 on Friday. 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 company’s 50-day moving average price is $8.91 and its 200 day moving average price is $8.46. Sims has a 52 week low of $6.34 and a 52 week high of $10.19.

About Sims

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.