Sims Metal Management (OTCMKTS:SMSMY) Stock Crosses Above Fifty Day Moving Average - What's Next?

Sims Metal Management Ltd. (OTCMKTS:SMSMY - Get Free Report)'s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $11.70 and traded as high as $13.49. Sims Metal Management shares last traded at $12.95, with a volume of 1,219 shares traded.Get Sims Metal Management alerts:Sims Metal Management Price PerformanceThe company has a debt-to-equity ratio of 0.20, a quick ratio of 1.13 and a current ratio of 1.66. The stock's 50-day moving average is $11.70 and its 200 day moving average is $10.39. About Sims Metal Management (Get Free Report)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.Further ReadingFive stocks we like better than Sims Metal ManagementElon Taking SpaceX Public! $100 Pre-IPO Opportunity!How a Family Trust May Be Able To Help Preserve Your WealthDo not delete, read immediatelyA U.S. “birthright” claim worth trillions - activated quietlyExecutive Order 14330: Trump’s Biggest YetThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Sims Metal Management Right Now?Before you consider Sims Metal Management, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sims Metal Management wasn't on the list.While Sims Metal Management currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here