The Goldman Sachs Group lowered shares of Sims (OTCMKTS:SMSMY – Free Report) from a hold rating to a strong sell rating in a report published on Friday,Zacks.com reports.
Sims Stock Down 10.5 %
Shares of Sims stock opened at $8.33 on Friday. Sims has a 52 week low of $6.34 and a 52 week high of $10.19. 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 business has a 50 day moving average price of $8.91 and a 200-day moving average price of $8.45.
Sims Increases Dividend
The company also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 7th were issued a dividend of $0.0633 per share. This is an increase from Sims’s previous dividend of $0.06. The ex-dividend date of this dividend was Friday, March 7th.
Sims Company Profile
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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